The Hub February, 2024, 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.

By embracing Data, Regulations and Digital Solutions, companies and solutions providers can advance ESG from being an overall burden that must be managed, to instead being a driver of better business decisions and growth. It is business leaders who steer and manage ESG initiatives successfully that will turn words into actions and help their businesses thrive and succeed in this new era.

Setting in the Hub – February, 2024 issue highlights “The 2023 State of Corporate ESG” a survey report from Thomson Reuters Institute.

Vignettes showcase an article by Srinath Sridharan, Policy Researcher and Corporate Advisor titled Time for lead independent directors.

Regulatory Worktop shares the key updates about, a) Government allows direct listing of securities by Indian Companies on GIFT IFSC, b) SEBI Consultation Paper on interim recommendations of the expert committee for facilitating Ease of Doing Business and Harmonization of the provisions of ICDR and LODR regulations, c) The Indian Economy: A Review – Department of Economic Affairs, d) Streamlining of Internal Compliance monitoring function – leveraging use of technology: RBI and e) SEBI Consultation paper on proposal to enhance trust in the Alternative Investment Funds (‘AIF’) ecosystem to facilitate Ease of Doing Business measures.

Regulators Eye focus on the key updates relating to a) Byju’s Investors to conduct EGM for ouster of Founder Byju Raveendran, b) RBI told Paytm Payments Bank to halt services by February-end, c) Delhi HC upholds validity of anti-profiteering provisions under GST in setback for many companies, d) Overview of UK Corporate Governance Code 2024 and e) MNCs' India units gear up for new global minimum taxes.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers 6th Global AI Leadership Meet 2024 | ASSOCHAM | February 20, 2024 and 2 Day Certification Programme for Effectiveness of Audit Committee | IICA – ID Databank | 1-2 March, 2024, Panchgani, Mahabaleshwar.

Global Events, suggested are Stewardship for sustainability: designing mandates and evaluating managers | International Corporate Governance Network | February 06, 2024 and Path to Obtaining Your First Board Seat | NACD | February 06, 2024.