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Segregation of functions

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....itical Operations; (b) Regulatory, Compliance, Risk Management and Investor Grievances; and (c) Other functions including business development. (2) The functions of the verticals under sub-regulation (1) above are provided at Part C of Schedule II of these regulations. (3) The functions under the verticals as provided at clause (a) and (b) of sub-regulation (1) shall be given higher priority....

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.... and may be physically segregated from employees in other verticals including with respect to access controls: Provided that in exceptional circumstances, employees from other verticals may be given confidential information on "need to know" basis, under intimation to the compliance officer.] *************** NOTES:- 1. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/124 dated....