Sebi proposes wider pool of MII board candidates, SOP for key officials

Sebi, the Securities and Exchange Board of India, has proposed changes to the way market infrastructure institutions are governed. This includes allowing a wider range of candidates to be considered for the boards of these institutions, making it easier for experts from different backgrounds to get involved. The goal is to bring in more diverse expertise, which can help strengthen areas such as technology, cybersecurity, compliance, and risk management.

Why it matters

Sebi's proposed governance reforms aim to improve market infrastructure institutions. This could lead to increased transparency and efficiency in the markets.

Market impact

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