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<h1>Stock Exchanges Must Segregate Functions into Three Verticals, Prioritize Resources, and Implement 'Chinese Wall' Policy for Confidentiality.</h1> Recognized stock exchanges and clearing corporations must segregate their functions into three verticals: Critical Operations; Regulatory, Compliance, Risk Management, and Investor Grievances; and Other functions, including business development. Priority and resources should be allocated primarily to the first two verticals. They must regularly assess resource adequacy and implement a 'Chinese Wall' policy to prevent information flow between the Regulatory vertical and others, ensuring confidentiality. In exceptional cases, information may be shared on a 'need to know' basis. This regulation was updated to emphasize the segregation of functions and resource prioritization.