https://www.taxtmi.com/highlights?id=81694 This circular outlines the parameters and framework for independent external evaluation of performance of Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and depositories. The key aspects are: minimum criteria with weightages for evaluation across areas like technology resilience, investor education, regulatory compliance, governance, and fair access; a rating framework for consistent assessment; principles for appointment of independent external agency; timelines requiring first evaluation for FY 2024-25 and subsequent three-yearly evaluations; and guidelines for performance evaluation of Managing Director and Key Management Personnel linking to regulatory and compliance outcomes. MIIs must implement ..... en-us Tue, 24 Sep 2024 20:46:27 +0530 Tue, 24 Sep 2024 20:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=81694 This circular outlines the parameters and framework for independent external evaluation of performance of Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and depositories. The key aspects are: minimum criteria with weightages for evaluation across areas like technology resilience, investor education, regulatory compliance, governance, and fair access; a rating framework for consistent assessment; principles for appointment of independent external agency; timelines requiring first evaluation for FY 2024-25 and subsequent three-yearly evaluations; and guidelines for performance evaluation of Managing Director and Key Management Personnel linking to regulatory and compliance outcomes. MIIs must implement ..... Highlights SEBI Tue, 24 Sep 2024 20:46:27 +0530 https://www.taxtmi.com/highlights?id=81694