https://www.taxtmi.com/highlights?id=91324 Market Infrastructure Institutions (MIIs) must place requests for review, appeal, or waiver of penalties related to actions by their Internal Committee before the Member Committee (MC). However, requests challenging actions taken by the MC itself will be handled by a separate mechanism established by the MII's Governing Board, including Public Interest Directors or Independent External Professionals not part of the MC. The Governing Board will issue a Standard Operating Procedure for this process. Further appeals beyond this mechanism may be directed to appropriate authorities under applicable laws. These provisions will be effective 45 days from the circular's issuance, and MIIs are required to update their systems, byelaws, and notify mar..... en-us Wed, 06 Aug 2025 20:17:00 +0530 Wed, 06 Aug 2025 20:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91324 Market Infrastructure Institutions (MIIs) must place requests for review, appeal, or waiver of penalties related to actions by their Internal Committee before the Member Committee (MC). However, requests challenging actions taken by the MC itself will be handled by a separate mechanism established by the MII's Governing Board, including Public Interest Directors or Independent External Professionals not part of the MC. The Governing Board will issue a Standard Operating Procedure for this process. Further appeals beyond this mechanism may be directed to appropriate authorities under applicable laws. These provisions will be effective 45 days from the circular's issuance, and MIIs are required to update their systems, byelaws, and notify mar..... Highlights SEBI Wed, 06 Aug 2025 20:17:00 +0530 https://www.taxtmi.com/highlights?id=91324