Joint Annual Inspections Required for Multi-Registered Entities Under New Regulatory Rules by Dec 2025

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....A regulatory authority has mandated joint annual inspections of entities registered with multiple market infrastructure institutions (MIIs) to reduce operational disruptions caused by separate inspections. The policy requires coordinated inspections covering all segments, including stock broking, depository participant, and clearing activities, with MIIs sharing inspection information and designating a lead MII to initiate enforcement. Inspection criteria have been revised to prioritize entities with high penalties, investor complaints, arbitration cases, or high-risk scores, while others will be inspected at least once every three years. Special inspections may occur based on specific triggers regardless of prior inspection timing. MIIs mu.........