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of <h1>Regulation 33 mandates biannual compliance confirmation and governance disclosures for stock exchanges; directors must report wrongdoing or face action.</h1> Disclosure and corporate governance norms under Regulation 33 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, mandate that disclosure requirements and corporate governance norms for listed companies apply to recognized stock exchanges and clearing corporations. These entities must confirm compliance biannually, disclose resources for regulatory functions, and have their fees reviewed by an Oversight Committee. They must conduct annual internal and external evaluations of performance and disclose board meeting minutes on their websites. Directors or key personnel aware of wrongdoing must report it, or face potential regulatory action.
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