SEBI issues SOPs for handling of technical glitches by ‘Market Infrastructure Institutions’

In consultation with various stakeholders for smooth functioning of Market Infrastructure Institutions (MII), The SEBI has decided that MII shall follow the SOPs of technical glitches and payment of financial disincentive. This will encourage MIIs to constantly monitor the performance and efficiency of their systems and upgrade their systems to avoid any possibility of technical glitches.In consultation with various stakeholders for smooth functioning of Market Infrastructure Institutions (MII), The SEBI has decided that MII shall follow the SOPs of technical glitches and payment of financial disincentive. This will encourage MIIs to constantly monitor the performance and efficiency of their systems and upgrade their systems to avoid any possibility of technical glitches.taxmann.com Latest Statutory HappeningsRead More

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