https://www.taxtmi.com/highlights?id=85412 SEBI mandates external performance evaluation of Market Infrastructure Institutions' (MIIs) statutory committees every three years, establishing a standardized framework with three key criteria: Roles & Responsibilities (40%), Meeting Effectiveness (30%), and Governance (30%). Independent external agencies must obtain SEBI's NOC before appointment and demonstrate relevant expertise without conflicts of interest. Initial evaluation covers FY 2024-25 with reporting by September 2025, followed by three-year evaluation blocks. MIIs must also conduct annual internal evaluations of their performance and statutory committees, with first reports due for FY 2024-25. Implementation required within 30 days of issuance, with necessary amendments to bylaws and regulations for compliance. en-us Sat, 01 Feb 2025 10:39:09 +0530 Sat, 01 Feb 2025 10:39:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=85412 SEBI mandates external performance evaluation of Market Infrastructure Institutions' (MIIs) statutory committees every three years, establishing a standardized framework with three key criteria: Roles & Responsibilities (40%), Meeting Effectiveness (30%), and Governance (30%). Independent external agencies must obtain SEBI's NOC before appointment and demonstrate relevant expertise without conflicts of interest. Initial evaluation covers FY 2024-25 with reporting by September 2025, followed by three-year evaluation blocks. MIIs must also conduct annual internal evaluations of their performance and statutory committees, with first reports due for FY 2024-25. Implementation required within 30 days of issuance, with necessary amendments to bylaws and regulations for compliance. Highlights SEBI Sat, 01 Feb 2025 10:39:09 +0530 https://www.taxtmi.com/highlights?id=85412