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of <h1>SEBI Updates SOP on Financial Disincentives for MIIs; Adds Commodity Derivatives Clause, Mandates Internal Accountability Checks.</h1> A corrigendum has been issued to a previous SEBI circular concerning the Standard Operating Procedure for the payment of 'Financial Disincentives' by Market Infrastructure Institutions (MIIs) due to technical glitches. The amendments now include references to specific sections of the Master Circular for the Commodity Derivatives Segment dated August 4, 2023. The circular outlines the inclusion of various clauses and paragraphs from the Master Circular into the SEBI circular dated September 20, 2024. It also mandates MIIs to conduct internal examinations to determine accountability for technical glitches, with SEBI reserving the right to enforce actions against responsible individuals.
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