https://www.taxtmi.com/notifications?id=140650 Amendments expand the definition of key management personnel, replace "shareholder directors" with non-independent directors, and strengthen board composition by requiring collective expertise across capital markets, finance and accountancy, legal and regulatory practice, technology and risk management, including at least one public interest director with specified expertise. Functionally, depositories must segregate operations into Critical Operations, Regulatory/Compliance/Risk Management and Other Functions, adopt a "Chinese Wall" policy, appoint a chief risk officer, implement an Information and Data Sharing Policy, and adopt a unified Code of Conduct covering board members and key management. The Board's enforcement powers, disclosure, evaluation and nomination processes are correspondingly enhanced. en-us Tue, 28 Feb 2023 00:00:00 +0530 Fri, 25 Aug 2023 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140650 Amendments expand the definition of key management personnel, replace "shareholder directors" with non-independent directors, and strengthen board composition by requiring collective expertise across capital markets, finance and accountancy, legal and regulatory practice, technology and risk management, including at least one public interest director with specified expertise. Functionally, depositories must segregate operations into Critical Operations, Regulatory/Compliance/Risk Management and Other Functions, adopt a "Chinese Wall" policy, appoint a chief risk officer, implement an Information and Data Sharing Policy, and adopt a unified Code of Conduct covering board members and key management. The Board's enforcement powers, disclosure, evaluation and nomination processes are correspondingly enhanced. Notifications SEBI Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140650