Master Circular consolidates SEBI circulars for stock exchanges and clearing corporations, standardising trading, settlement, risk and governance. A Master Circular compiles SEBI circulars applicable to stock exchanges and clearing corporations into thematic chapters-trading, technology, settlement, risk management, exchange-traded derivatives, administration, and depository connectivity-and supersedes the prior master circular, serving as the single reference of regulatory instructions for those operational domains.
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.
Master Circular consolidates SEBI circulars for stock exchanges and clearing corporations, standardising trading, settlement, risk and governance.
A Master Circular compiles SEBI circulars applicable to stock exchanges and clearing corporations into thematic chapters-trading, technology, settlement, risk management, exchange-traded derivatives, administration, and depository connectivity-and supersedes the prior master circular, serving as the single reference of regulatory instructions for those operational domains.
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