Action on audit report may trigger administrative measures, including invocation of intermediary regulatory provisions to address compliance issues. After considering the Index Provider's response to the Special Audit Report, the Board may take such action as it deems fit and appropriate, including action under the Intermediary Regulation framework to address identified compliance deficiencies.
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.
Action on audit report may trigger administrative measures, including invocation of intermediary regulatory provisions to address compliance issues.
After considering the Index Provider's response to the Special Audit Report, the Board may take such action as it deems fit and appropriate, including action under the Intermediary Regulation framework to address identified compliance deficiencies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.