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    <title>Appointment of compliance officer</title>
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    <description>A depository and its participants must appoint a compliance officer responsible for monitoring compliance with applicable laws and redressal of investors&#039; grievances, who must immediately and independently report observed non compliance to the Board and submit reports of any non compliance and grievance redressal to the Board in the manner specified by the Board.</description>
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      <description>A depository and its participants must appoint a compliance officer responsible for monitoring compliance with applicable laws and redressal of investors&#039; grievances, who must immediately and independently report observed non compliance to the Board and submit reports of any non compliance and grievance redressal to the Board in the manner specified by the Board.</description>
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