[ad_1]
SEBI’s Plans to Form Industry Standards Forum Moving Forward
NEW DELHI: Markets regulator Securities and Exchange Board of India’s (Sebi’s) plans to form an industry standards forum are making progress as the industry has conveyed to Sebi four priority areas.
- Rumour verification requirements
- Disclosures requirements under listing obligations and disclosure requirements (LODR) norms
- Structured database maintenance as specified in insider trading rules
- Environment, Social and Governance (ESG) assurance requirements
The industry associations have stated that it will take three to four months to design the standards for implementation of requirements in the above areas. Assocham, CII, and Ficci have nominated representatives for the pilots and are in the process of selecting a chairperson.
SEBI’s Plans to Form Industry Standards Forum Moving Forward
NEW DELHI: Markets regulator Securities and Exchange Board of India’s (Sebi’s) plans to form an industry standards forum are making progress as the industry has conveyed to Sebi four priority areas.
- Rumour verification requirements
- Disclosures requirements under listing obligations and disclosure requirements (LODR) norms
- Structured database maintenance as specified in insider trading rules
- Environment, Social and Governance (ESG) assurance requirements
The industry associations have stated that it will take three to four months to design the standards for implementation of requirements in the above areas. Assocham, CII, and Ficci have nominated representatives for the pilots and are in the process of selecting a chairperson.
[ad_2]
Source link
