https://www.taxtmi.com/circulars?id=67816 SEBI requires independent external evaluation of all recognised stock exchanges, clearing corporations and depositories using Board approved weighted criteria (technology resilience 40%; investor protection 17%; regulatory role 15%; compliance 10%; governance 8%; resources 5%; fair access 5%), a common rating framework, and triennial assessments (first for FY2024-25, report by 30 Sept 2025). External agencies need SEBI NOC, market domain expertise and no conflict of interest. MD and KMP performance metrics must reflect institutional criteria with MD evaluations giving at least 50% weight to critical operations and regulatory outcomes. en-us Tue, 24 Sep 2024 00:00:00 +0530 Tue, 24 Sep 2024 19:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67816 SEBI requires independent external evaluation of all recognised stock exchanges, clearing corporations and depositories using Board approved weighted criteria (technology resilience 40%; investor protection 17%; regulatory role 15%; compliance 10%; governance 8%; resources 5%; fair access 5%), a common rating framework, and triennial assessments (first for FY2024-25, report by 30 Sept 2025). External agencies need SEBI NOC, market domain expertise and no conflict of interest. MD and KMP performance metrics must reflect institutional criteria with MD evaluations giving at least 50% weight to critical operations and regulatory outcomes. Circulars SEBI Tue, 24 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67816