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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Mandates MIIs to Implement Uniform, Transparent Charges for Fair Market Practices by October 2024.</h1> Market Infrastructure Institutions (MIIs) are required to ensure charges levied on their members and recovered from end clients are transparent and uniform. SEBI observed that the current volume-based slab charge structure could lead to discrepancies, with members potentially collecting more from clients than paid to MIIs. This could mislead clients and affect market fairness. To address this, MIIs must implement a uniform charge structure, ensuring charges are 'True to Label,' and align with existing per unit charges to benefit clients. MIIs must redesign processes, update regulations, and report compliance to SEBI by October 1, 2024.
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