Ownership and governance review of market infrastructure institutions initiated; committee to recommend reforms and invite public comments. A committee has been constituted to review ownership and governance of market infrastructure institutions, to examine ownership structure and board composition of stock exchanges and clearing corporations, their listing and governance, the balance between regulatory and business functions considering their for profit status, relationships among exchanges, clearing corporations and technology providers, and to propose a competition policy; recommendations will be placed in the public domain for comments and the circular is issued under Section 11(1) of the SEBI Act, 1992.
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Ownership and governance review of market infrastructure institutions initiated; committee to recommend reforms and invite public comments.
A committee has been constituted to review ownership and governance of market infrastructure institutions, to examine ownership structure and board composition of stock exchanges and clearing corporations, their listing and governance, the balance between regulatory and business functions considering their for profit status, relationships among exchanges, clearing corporations and technology providers, and to propose a competition policy; recommendations will be placed in the public domain for comments and the circular is issued under Section 11(1) of the SEBI Act, 1992.
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