ACTION IN CASE OF DEFAULT AND MANNER OF SUSPENSION OR CANCELLATION OF CERTIFICATE - Securities and Exchange Board of India (Intermediaries) Regulations, 2008
ACTION IN CASE OF DEFAULT AND MANNER OF SUSPENSION OR CANCELLATION OF CERTIFICATE - Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Fit and proper criteria updated to reference Schedule II, affecting intermediary regulations and enforcement procedures. Amendments replace existing fitness and enforcement references across multiple SEBI regulations so that determination of whether an applicant or specified ... Summary
Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Fit and proper criteria updated to reference Schedule II, affecting intermediary regulations and enforcement procedures.
Amendments replace existing fitness and enforcement references across multiple SEBI regulations so that determination of whether an applicant or specified market participant is a fit and proper person shall be made by taking into account the criteria in Schedule II of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, and prior references to the 2002 enquiry procedure regulations are substituted with references to Chapter V of the Intermediaries Regulations, 2008, with liability provisions updated to include actions under Chapter V.
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