Page 4 - Compliance Dates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wednesday, January 20, 2021 On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices. 1 Rule 206(4)-1 was the SEC’s first antifraud rule governing the activities of investment advisers, and in many respects, it remains the most important. This action represents the first substantive amendments to the rule since its adoption in 1961 and will have vast implications for...

Tuesday, January 19, 2021 Much changed in the privacy law landscape in 2020, including a heightened focus on the use and disclosure of health information. As 2021 gets underway, businesses should be aware of the key legislative and regulatory changes in health data privacy that were teed up at the close of 2020, and which may now or soon affect them. HIPAA Proposed Rulemaking The Office for Civil Rights at the U.S. Department of Health and Human Services (HHS) released proposed changes to the HIPAA Privacy Rule on Dec. 10, 2020. The proposed changes focus on strengthening indivi...

 5 In a bizarre situation, company secretaries (CS') and chartered accountants (CAs) from around the country have been desperately seeking an extension of time and some relief from filing compliance reports with the MCA21 portal of the ministry of corporate affairs (MCA), as the portal has been malfunctioning since 30 December 2020. While businesses have been penalised with draconian penalties, the pleas from professionals as well as a storm on social media has been steadfastly ignored by the government. The problem is at a pan-India level and professionals as well as their local chapters ha...