The Hub May, 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.

The Corporate Affairs function is responsible for managing the stakeholder landscape of the business. With the increasing demand for a greater connection between business and society, the role of Corporate Affairs is becoming ever more influential in businesses, partnering on everything from strategy development to ESG stance to wider corporate reputation. Corporate affairs leaders have to align communications and strategy throughout the businesses. Using data and storytelling to influence decision-making, today it’s nothing less than crucial to mitigate risk while positively shaping the brand.

Setting in the Hub – May, 2023 issue highlights “Oxford - GlobeScan Corporate Affairs Survey” a survey report from University of Oxford & GlobeScan.

Vignettes showcase an article from Pranav Master & Rathin Kukreja, CRISIL Market Intelligence and Analytics titled “The Case for embedding ESG into corporate strategies’’.

Regulatory Worktop shares the key updates about, a) MCA’s notification on voluntary exit of companies, b) RBI’s Master Direction on Outsourcing of Information Technology Services, c) DPE Circular to CPSEs for alignment of CSR activities with National Priorities, d) WTO Panel Ruling against India in ICT tariff dispute and e) SEBI asks exchanges to arrive at equilibrium price for IPOs on listing.

Regulators Eye focus on the key updates relating to a) NFRA Imposed Rs.1 Cr penalty on Auditor of Cafe Coffee Day Group, b) Spurt for search of new Independent Directors, c) CAG of India stress impact of Audit findings on executive functioning, d) Tata Group to complete Wistron's iPhone plant buyout deal, and e) Registrar of Companies (ROCs) to focus more on compliance as part of MCA reforms.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers Cybersecurity Essentials for the C-Suite | CII | May 05, 2023 and India Sustainability Conclave | PHDCCI | May 10, 2023.

Global Events, suggested are Responsible Business Asia 2023 - Delivering Sustainable Leadership in a Time of Turbulence | Reuters | May 23, 2023 and Artificial Intelligence: A Board Perspective | NACD | May 09, 2023.