Proficiency self-assessment exemption expanded: longer compliance period and service-based exemptions for experienced directors in corporate appointments. Rule 6 is amended to extend the time to comply with the online proficiency requirement and to exempt individuals who have accrued a specified period of qualifying service as directors or key managerial personnel in listed companies, certain unlisted companies, specified foreign or overseas entities, statutory corporations, or who have held defined senior pay-scale positions in central ministries or senior regulatory grades, with concurrent service across entities counted only once; an explanatory proportionate measure is also reduced.
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Proficiency self-assessment exemption expanded: longer compliance period and service-based exemptions for experienced directors in corporate appointments.
Rule 6 is amended to extend the time to comply with the online proficiency requirement and to exempt individuals who have accrued a specified period of qualifying service as directors or key managerial personnel in listed companies, certain unlisted companies, specified foreign or overseas entities, statutory corporations, or who have held defined senior pay-scale positions in central ministries or senior regulatory grades, with concurrent service across entities counted only once; an explanatory proportionate measure is also reduced.
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