https://www.taxtmi.com/circulars?id=67934 SEBI requires MIIs to strengthen governance through mandatory bi annual PID meetings reporting to SEBI and the governing board, standardized quarterly Compliance Officer reports and half yearly Chief Risk Officer reports in prescribed formats, website disclosure of board agendas and minutes on regulatory and risk matters, SOPs for disciplinary action against KMPs including malus clawback provisions, tightened whistleblower resolution and reporting timelines, RegTech/SupTech adoption for member supervision, vendor appointment and monitoring policies, director training and a streamlined two stage director appointment process, and specified independent reporting interactions for CO, CRiO, CTO and CISO; the measures are to be implemented by the effective date with necessary bylaw amendments. en-us Fri, 22 Nov 2024 00:00:00 +0530 Sat, 23 Nov 2024 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67934 SEBI requires MIIs to strengthen governance through mandatory bi annual PID meetings reporting to SEBI and the governing board, standardized quarterly Compliance Officer reports and half yearly Chief Risk Officer reports in prescribed formats, website disclosure of board agendas and minutes on regulatory and risk matters, SOPs for disciplinary action against KMPs including malus clawback provisions, tightened whistleblower resolution and reporting timelines, RegTech/SupTech adoption for member supervision, vendor appointment and monitoring policies, director training and a streamlined two stage director appointment process, and specified independent reporting interactions for CO, CRiO, CTO and CISO; the measures are to be implemented by the effective date with necessary bylaw amendments. Circulars SEBI Fri, 22 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67934