The Hub October, 2023, monthly e-newsletter from Independent Directors’ Databank provides 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.

The G20/OECD Principles of Corporate Governance which were endorsed by the G20 in September 2023 emphasize on guidance to policy makers evaluate and improve the legal, regulatory and institutional framework for corporate governance, with a view to supporting market confidence and integrity, economic efficiency, sustainable growth and financial stability. These principles will help companies manage environmental and social risks, with insights on disclosure, the roles and rights of shareholders as well as stakeholders and the responsibilities of company boards.

Setting in the Hub – October, 2023 issue highlights “OECD Corporate Governance Factbook 2023” a guidance note from Organisation for Economic Co-operation and Development (OECD).

Vignettes showcase Keynote address by Shri Shaktikanta Das, RBI Governor titled Boards should free from excessive dominance of directors.

Regulatory Worktop shares the key updates about, a) Regulatory updation from Ministry of Corporate Affairs, b) SEBI Master Circular for Merchant Bankers Registered with SEBI, c) IBBI amendments for streamlining the insolvency resolution process and d) CCI Consultation paper for regulations on corporate merger thresholds.

Regulators Eye focus on the key updates relating to a) Independent Director of Dhanlaxmi Bank resign over governance lapes, b) EU Corporate Sustainability Reporting Directive: What non-EU companies should know, c) India Inc braces for major boardroom shake-up, d) EU’s Carbon Border Adjustment Mechanism to doubly punish Indian companies: Finance Minister and e) More boards across the world are seeing strategic importance of ESG compliance.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers FICCI ESG Summit 2023 | October 09, 2023 and Dynamic Leadership Unleashed: A Guide for Young Executives | Bombay Chamber of Commerce & Industry | October 10, 2023.

Global Events, suggested are Governance Fundamentals | International Corporate Governance Network | October 23, 25, 27, 2023 and Build a strong culture of Diversity, Equity and Inclusion | Corporate Governance Institute | October 19, 2023.