SEBI and AMFI have streamlined mutual fund transmission rules, simplifying claim procedures for nominees, joint holders, and legal heirs through standardized documentation, reducing delays and easing access to investments after an investor’s death.
Dollar advances vs yen as BOJ dissent clouds rate-hike outlook
Following the Bank of Japan’s decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skepticism regarding further hikes,