https://www.taxtmi.com/circulars?id=68748 SEBI mandates a joint annual inspection regime where entities with multiple MII registrations are inspected jointly by all relevant MIIs, with Depositories and Clearing Corporations handling DP and clearing activities respectively, and one MII designated as Lead MII to initiate enforcement action. MIIs must establish an information sharing mechanism, adopt a joint SOP detailing inspection criteria and procedures, retain the ability to conduct special purpose inspections based on triggers, and revise bylaws and rules for implementation. en-us Thu, 07 Aug 2025 00:00:00 +0530 Thu, 07 Aug 2025 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68748 SEBI mandates a joint annual inspection regime where entities with multiple MII registrations are inspected jointly by all relevant MIIs, with Depositories and Clearing Corporations handling DP and clearing activities respectively, and one MII designated as Lead MII to initiate enforcement action. MIIs must establish an information sharing mechanism, adopt a joint SOP detailing inspection criteria and procedures, retain the ability to conduct special purpose inspections based on triggers, and revise bylaws and rules for implementation. Circulars SEBI Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68748