Regulation 18F - Systems for surveillance of trading activities and internal controls
Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 Chapter IVA INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE
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Surveillance and internal controls required to detect, prevent and report fraud or market abuse by market intermediaries. Regulation 18F requires key managerial personnel and senior management of stock brokers to establish adequate systems for surveillance of trading activities and internal control systems to ensure compliance with regulatory requirements and to detect, prevent and report potential fraud or market abuse by clients, employees or Authorised Persons.
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.
Surveillance and internal controls required to detect, prevent and report fraud or market abuse by market intermediaries.
Regulation 18F requires key managerial personnel and senior management of stock brokers to establish adequate systems for surveillance of trading activities and internal control systems to ensure compliance with regulatory requirements and to detect, prevent and report potential fraud or market abuse by clients, employees or Authorised Persons.
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