The Hub November, 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.

In 2015, all the countries in the United Nations adopted the 2030 Agenda for Sustainable Development. It sets out 17 Goals, which include 169 targets. The purpose was to produce a set of universal goals that would help combat the urgent environmental, political and economic challenges facing our world. They address the global challenges we face, including those related to poverty, inequality, climate change, environmental degradation, peace and justice. The beauty of the goals is that everyone can contribute, and every contribution, small or big, will make an impact on our world.

Setting in the Hub – November, 2023 issue highlights “The Sustainable Development Goals Matter More Than Ever” a status report from Boston Consulting Group.

Vignettes showcase an article by Shri Ashok Haldia, Chairman, IIPA of ICAI & Ex-Secretary, ICAI titled Independent directors must step up to their onerous roles or step back.

Regulatory Worktop shares the key updates about, a) SEBI Working Groups on simplification, ease of compliance and reduction in cost of compliance, b) RBI directs Private Banks to have at least 2 whole-time directors, c) IBBI Discussion Paper on ‘Strengthening the Liquidation Process’ d) CCI releases draft regulations to bust cartels and e) Regulatory updation from Ministry of Corporate Affairs.

Regulators Eye focus on the key updates relating to a) Fat CEO salaries come under the gaze of shareholders and boards, b) When will Indian CSR come of age?, c) The new facets of corporate governance - sustainability, technology and ethical leadership, d) One in five board members at India Inc is now a woman and e) Ambani siblings on Board: Why India Inc needs more young people at the top.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Session on Institutionalizing ESG Framework and Relevant ESG Metrics | CII | November 28-29, 2023 and Familiarization Programme for Independent Directors | IICA | November 27-28, 2023.

Global Events, suggested are Stewardship Fundamentals | International Corporate Governance Network | November 13, 15, 17, 2023 and How to Brief Your Board on Generative AI | Gartner | November 14, 2023.