Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Disclosure and corporate governance norms require depositories to report compliance, publish board minutes, and evaluate performance. Disclosure and corporate governance norms applicable to listed companies apply mutatis mutandis to depositories; the governing board must confirm ... Summary
Disclosure and corporate governance norms require depositories to report compliance, publish board minutes, and evaluate performance.
Disclosure and corporate governance norms applicable to listed companies apply mutatis mutandis to depositories; the governing board must confirm compliance biannually. Depositories must disclose resources for regulatory functions in the annual report using activity-based accounting, place fees and charges for Oversight Committee review, conduct internal annual performance evaluations and appoint independent external evaluators as specified by the Board, publish approved agendas and minutes on their website for specified matters, and face potential liability for directors or KMP who fail to report known wrongdoing.
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