Regulation 24 - Escalation and reporting mechanisms
Securities and Exchange Board of India (Stock Brokers) Regulations, 2026 Chapter IV INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE
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Stock brokers must report suspicious activity to exchanges, conduct quarterly compliance reviews, and file half-yearly analyses. Regulation 24 requires the stock broker to conduct quarterly compliance reviews, promptly notify recognised stock exchanges of detected suspicious activity, fraud or market abuse, and submit half-yearly summary analyses and action-taken reports; deviations in internal controls, risk management, surveillance and client-onboarding policies must be presented to the appropriate committee or board with corrective actions and included in the half-yearly report, and brokers may seek exchange guidance when violations cannot be ascertained.
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.
Stock brokers must report suspicious activity to exchanges, conduct quarterly compliance reviews, and file half-yearly analyses.
Regulation 24 requires the stock broker to conduct quarterly compliance reviews, promptly notify recognised stock exchanges of detected suspicious activity, fraud or market abuse, and submit half-yearly summary analyses and action-taken reports; deviations in internal controls, risk management, surveillance and client-onboarding policies must be presented to the appropriate committee or board with corrective actions and included in the half-yearly report, and brokers may seek exchange guidance when violations cannot be ascertained.
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