The Hub December, 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.

Sustainability is about taking care of future generations while ensuring economic progress today. Achieving it will require unprecedented changes at multiple levels of engagements. It would require significant changes in the technology we use, the culture and behavior that we demonstrate and also comprehension of the evolving regulatory environment and frameworks.It will take a combination of new technologies, new policies, and new behaviors to address the negative consequences that the exponential growth achieved by humans has had on the planet and society.

Setting in the Hub – December, 2023 issue highlights “The Visionary CEO’s Guide to Sustainability” a research report from Bain & Company.

Vignettes showcase a research article by Margarethe Wiersema, Prof, University of California and Marie Louise Mors, Prof, Copenhagen Business School titled How Women Improve Decision-Making on Boards.

Regulatory Worktop shares the key updates about, a) LLPs to report about Significant Beneficial Owner to ROC, b) SEBI proposes flexibility in framework relating to 'trading plans' under Insider Trading rules, c) RBI supersedes Abhudaya Co-operative Bank Board of Directors and d) IBBI Discussion paper on amendments to IBBI (Insolvency Resolution Process for Corporate Process) Regulations, 2016.

Regulators Eye focus on the key updates relating to a) Proxy advisory firm asks Raymond Independent Directors to protect company, b) RBI, international counterparts discuss CBDCs for cross-border settlements, c) NCLT’s directions to NFRA for checking audit misconducts of pre-formation period, d) Tata’s acquisition of Wistron facility could lead India in high-end manufacturing and e) SAT quashes SEBI order against Mukesh Ambani.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Enhancing Board Focus on Enterprise Risk Management | IICA| January 19, 2024 and CEO’s Round Table on Business AI | CII | December 20, 2023.

Global Events, suggested are Greenwashing and ESG Investing at a Crossroads | Indiana University | December 07, 2023 and Director Compensation and Board Assessment: Two Tools for Driving Board Excellence | NACD | December 12, 2023.