Regulatory compliance: index providers must notify changes, seek approval for control changes, and file annual audited net worth. Certificate holders must comply with applicable law and Board directions, notify the Board in writing of any changes in particulars furnished at ... Summary
Securities and Exchange Board of India (Index Providers) Regulations, 2024
Regulatory compliance: index providers must notify changes, seek approval for control changes, and file annual audited net worth.
Certificate holders must comply with applicable law and Board directions, notify the Board in writing of any changes in particulars furnished at application within thirty days, obtain prior Board approval for any change in control, and maintain the minimum net worth specified in regulation 5(b), submitting an annual audited net worth certificate by the thirtieth day of September for the preceding financial year.
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