Power to specify procedures enables the Board to issue circulars setting norms and guidelines for exchanges and clearing corporations. The regulation confers on the Board the power to specify procedures and issue clarifications for implementation and incidental matters, permitting the ... Summary
Power to specify procedures enables the Board to issue circulars setting norms and guidelines for exchanges and clearing corporations.
The regulation confers on the Board the power to specify procedures and issue clarifications for implementation and incidental matters, permitting the Board to set norms, processes, manners, or guidelines and to communicate those requirements by circulars to recognised stock exchanges and recognised clearing corporations.
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