SEBI’s New Governance Provisions for Market Infrastructure Institutions (MIIs)
SEBI has notified governance provisions for Market Infrastructure Institutions to strengthen oversight.
MIIs
SEBI revamps Penalty Review System to empower MIIs and ensure fair appeals
SEBI’s new framework for MIIs reshapes the penalty review, appeal, and waiver process by introducing independent oversight, a dual-track mechanism, and external professionals, while preserving legal recourse and mandating implementation by September 2025.