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of <h1>New Amendments: Stock Exchange and Clearing Corp Leaders Must Follow Code of Conduct, Regulation 20 Fitness Standards</h1> The governing board, directors, committee members, and key management personnel of recognized stock exchanges and clearing corporations must adhere to the Code of Conduct outlined in Part-B of Schedule-II of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. Additionally, these individuals must be deemed fit and proper as per regulation 20. Recent amendments, effective 180 days post-publication in the Official Gazette, have updated these requirements, including the omission of previous provisions related to the Code of Ethics and the board's authority to address non-compliance.
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