Compliance officer appointment requires monitoring of legal compliance and immediate reporting of non compliance to the Board. Every debenture trustee must appoint a Compliance Officer responsible for monitoring compliance with the Act, rules, regulations, notifications, guidelines and instructions issued by the Board or Central Government and for investors' grievance redressal. The Compliance Officer must immediately and independently report any observed non compliance to the Board, including failures by a body corporate to meet listing agreement requirements related to debenture issues and holders. The Compliance Officer must obtain certification as specified under SEBI regulations or as directed by the Board.