The Hub December, 2022, monthly e-newsletter from Independent Directors’ Databank gives you a broad view of developments happening around Regulatory framework, Corporate world among other updates.

The featured stories in various sections cover regulatory updates, governance practices and experience sharing by Independent Directors.

On 20 November, the 27^th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), that took place in the Egyptian coastal city of Sharm el-Sheikh, concluded with a historic decision to establish and operationalize a loss and damage fund. The world is warming because of emissions produced by humans, mostly from burning fossil fuels like oil, gas and coal and If temperatures rise 1.7 to 1.8°C above 1850s levels, the half the world's population could be exposed to life-threatening heat and humidity.

Setting in the Hub – December, 2022 issue highlights "COP27: An Inside Perspective" an article from Boston Consulting Group.

Vignettes showcase an article from Hetal Dalal titled "Role of Independent Directors in protecting Company from Promoter family’s feuds".

Regulatory Worktop shares the key updates about, a) SEBI introduce minority-centric provisions for appointment and removal of Independent Directors, b) SEBI Consultation Paper to revamp the share buyback process, c) Mutual funds to follow Insider Trading Regulations, d) SEBI Consultation paper on review of disclosure requirements under LODR 2015 and e) Operationalisation of Central Bank Digital Currency – Retail (eRs-R) Pilot

Regulators Eye focus on the key updates relating to a) Billionaire Uday Kotak-run Kotak Mahindra Bank rules out CEO’s son as boss, b) SEBI ruling on liability of independent directors has far reaching implications, c) More independent directors break into crore-plus pay club, d) Collapse of crypto exchange FTX, e) Risk management should be in company's DNA: Ex-SEBI Chief M Damodaran, and f) Sundararaman Ramamurthy to lead Bombay Stock Exchange

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers CII Sustainability Conference - II Tirupur | December 09, 2022 and 2^nd Green Investment & Sustainability Summit 2022 - Accelerating Decarbonization Journey | ASSOCHAM | December 13-14, 2022.

Global Events, suggested are International Conference on Corporate Governance in Emerging Economies 2022 | December 20-21, 2022 and Virtual I Net Zero: What Boards Need to Know | NACD | December 06, 2022