Moneycontrol
HomeNewsBusinessMarketsSebi issues financial disincentives guidelines for bourses, other MIIs for surveillance lapses

Sebi issues financial disincentives guidelines for bourses, other MIIs for surveillance lapses

The amount of financial disincentives for surveillance-related lapses would be determined on the basis of the total annual revenue of a Market Infrastructure Institution (MII) -- stock exchange, clearing corporation and depository -- during the previous financial year and the number of instances of such lapses during the financial year.

June 06, 2024 / 17:15 IST
Story continues below Advertisement
The new framework will be applicable from July 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular.
PTI
first published: Jun 6, 2024 05:15 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!