Chapter VII - RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA)
Regulation 81A - Appointment of the chief risk officer
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Chapter VII RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Chief Risk Officer appointment required; mandates risk management and half yearly reporting to the Board of depositories. Regulation 81A mandates that every depository appoint a Chief Risk Officer responsible for identifying, monitoring and initiating mitigation of operational risks, and for overall risk management, with a requirement to submit half yearly risk reports to the Board.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Chief Risk Officer appointment required; mandates risk management and half yearly reporting to the Board of depositories.
Regulation 81A mandates that every depository appoint a Chief Risk Officer responsible for identifying, monitoring and initiating mitigation of operational risks, and for overall risk management, with a requirement to submit half yearly risk reports to the Board.
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