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 ... Summary
Securities and Exchange Board of India (Intermediaries) Regulations, 2008
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.
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