https://www.taxtmi.com/circulars?id=67812 SEBI limits automatic monetary penalties for technical glitches to Market Infrastructure Institutions (MIIs), removing separate disincentives on MDs and CTOs. SEBI will invite the concerned MII to submit facts before imposing any disincentive; MIIs must conduct internal examinations for individual accountability and may take personnel actions, while SEBI may still initiate enforcement against individuals if warranted. MIIs must file a compliance report within ninety days detailing computation and payment, and disclose such payments on their websites and in annual reports. en-us Fri, 20 Sep 2024 00:00:00 +0530 Mon, 23 Sep 2024 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67812 SEBI limits automatic monetary penalties for technical glitches to Market Infrastructure Institutions (MIIs), removing separate disincentives on MDs and CTOs. SEBI will invite the concerned MII to submit facts before imposing any disincentive; MIIs must conduct internal examinations for individual accountability and may take personnel actions, while SEBI may still initiate enforcement against individuals if warranted. MIIs must file a compliance report within ninety days detailing computation and payment, and disclose such payments on their websites and in annual reports. Circulars SEBI Fri, 20 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67812