Regulation 23 - Additional disclosures by proxy adviser
Securities and Exchange Board of India (Research Analysts) Regulations, 2014 Chapter III MANAGEMENT OF CONFLICTS OF INTEREST AND DISCLOSURE REQUIREMENTS
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Proxy adviser disclosure obligations require detailed research disclosure, interaction policies, and voting records to regulator. Proxy advisers are required to comply with Chapters II-VI mutatis mutandis, subject to employee graduate qualification, Board-specified certification, and ... Summary
Proxy adviser disclosure obligations require detailed research disclosure, interaction policies, and voting records to regulator.
Proxy advisers are required to comply with Chapters II-VI mutatis mutandis, subject to employee graduate qualification, Board-specified certification, and a prescribed transitional period for capital adequacy. They must disclose the extent of research and the controls ensuring issuer data accuracy, set out policies for interacting with issuers and reviewing recommendations, maintain voting recommendation records and furnish them to the Board on request, and accept that the Board may issue clarifications or exemptions on applicability.
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