The Hub July, 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.

The core of the board mandate rests on the effective discharge of “good fiduciaries,” where the board is entrusted with safeguarding the interests of stakeholders and ensuring the long-term prosperity of the company. By integrating sustainability into corporate strategy, boards create long-term value, ensuring the company’s continued relevance and success in a rapidly changing world. The success of boards that act as “true stewards” pursuing the “doing well by doing good" agenda hinges on their intent and ability. It is high time to self introspection and to act in the right direction.

Setting in the Hub – July, 2024 issue highlights “Boards as Stewards of Sustainability” a research study from Stewardship Asia Centre (Sunil Puri and Jane Ang).

Vignettes showcase an article from Sandeep Parekh titled Regulation needs a roadmap.

Regulatory Worktop shares the key updates about, a) IBBI Discussion paper on amendments to IBBI (Insolvency Resolution Process for Corporate Process) Regulations, 2016, b) SEBI relaxes 'trading plan' norms for Insiders, c) SEBI Consultation Paper on Recommendations of Expert Committee for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations, d) CCI proposes amendments to general rules, seeks feedback from stakeholders, e) IBBI Discussion Paper for reducing compliance for Insolvency Professionals and f) Report of International Financial Service Centre Authority on Transition Finance.

Regulators Eye focus on the key updates relating to a) Experts urge Govt to prioritise IBC overhaul in first 100 days, b) Reliance shareholders oppose reappointment of Aramco chairman as director, c) Government discusses roadmap for creation of global network of Indian CA firms, d) No Board seat for UltraTech Cement in India Cements and e) How Corporate Governance issues led by BYJU’s fall? A lesson for Startups.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers 6^th International Conference on Financial Markets & Corporate Finance | IIT Dhanbad | July 6-7, 2024 and International Convention on Insolvency & Valuation - RESOLVE 2024 | ICAI-IBBI | July 12-13, 2024.

Global Events, suggested are Adaptive Leadership in a Dynamic Environment | Learning to Lead | INSEAD | July 18, 2024 and Impactful Storytelling: Tell Your Unique Leadership Story for Greater Influence | Gartner | July 10, 2024.