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IL&FS Securities, AFSPL fined for fraudulent transfer of MF units

The SEBI has imposed a total penalty of Rs 26 crore on IL&FS Securities Services Ltd. In a separate order, the capital market regulator has imposed penalties of Rs 3 crore on AFSPL and another Rs 3 crore on its MD, Awanish Kumar Mishra. It has also imposed fines of Rs 14 lakh and Rs 7 lakh on its directors Himanshu Arora and Jitendra Kumar Tiwari. The capital market regulator has also restrained IL&FS Securities from acquiring any new clients till a period of two years. Further, the IL&FS arm would also undertake a comprehensive overhaul of all its procedures and policies, especially its Risk Management Policy and implement necessary corrective measures to ensure that the violations observed are not repeated, the regulator said.

SEBI imposes Rs 26 cr penalty on IL&FS Securities, AFSPL for fraudulent transfer of MF units

SEBI imposes Rs 26 cr penalty on IL&FS Securities, AFSPL for fraudulent transfer of MF units
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Aspen Medical – Aspen Medical s Communication on Progress

Assessment, policy and goals Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights. At Aspen Medical, we believe passionately that having a Social Purpose ensures that the business can benefit shareholders and the community. We aim to create a better world by the very act of conducting business and to be a positive force in society. Social Purpose is much more than Corporate Social Responsibility in that it is embedded into our operational and strategic decision making. Our engagement with Aboriginal and Torres Strait Islander peoples cuts across several objectives that are encompassed within our Reconciliation Action Plan, these are:

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