{"id":369887,"date":"2025-12-16T09:00:07","date_gmt":"2025-12-16T03:30:07","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=369887"},"modified":"2025-12-15T18:22:17","modified_gmt":"2025-12-15T12:52:17","slug":"sebi-notifies-governance-provisions-for-market-infrastructure-institutions","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/","title":{"rendered":"SEBI&#8217;s New Governance Provisions for Market Infrastructure Institutions (MIIs)"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 12-12-2025, the Securities and Exchange Board of India (&#8216;SEBI&#8217;) notified the <span style=\"font-weight: bold;\">provisions relating to strengthening governance of Market Infrastructure Institutions (&#8216;MIIs&#8217;).<\/span> These provisions aim to enhance accountability and ensure that MIIs continue to operate in the public interest, maintaining market integrity and stability.<\/p>\n<h3>Background:<\/h3>\n<p style=\"margin-bottom: 3%;\">The importance of MIIs stems from the ever-expanding Indian securities market. With a growing investor base, rising trading volumes, rapid technology adoption, and an increasing number of market intermediaries, there is a pressing need for systematic governance and oversight by MIIs, particularly <span style=\"font-weight: bold;\">Stock Exchanges, Clearing Corporations, and Depositories<\/span>.<\/p>\n<p style=\"margin-bottom: 3%;\">Any setback from these institutions can have adverse impact on the securities market.<\/p>\n<p>Thus, to address this SEBI has amended:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p><a href=\"https:\/\/www.scconline.com\/Members\/NoteView.aspx?enc=SlRYVC05MDAwODk3Nzk1JiYmJiY0MCYmJiYmU2VhcmNoUGFnZSN1bmRlZmluZWQ=\" target=\"_blank\">Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018<\/a> through <span style=\"font-weight: bold;\"><a href=\"http:\/\/www.scconline.com\/DocumentLink\/7iIDDg18\" target=\"_blank\">Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Fourth Amendment) Regulations, 2025<\/a><\/span><span style=\"font-weight: bold;\">.<\/span><\/p>\n<\/li>\n<li>\n<p style=\"margin-bottom: 3%;\"><a href=\"https:\/\/www.scconline.com\/Members\/NoteView.aspx?enc=SlRYVC05MDAwMTQxODY4JiYmJiY0MCYmJiYmU2VhcmNoUGFnZSN1bmRlZmluZWQ=\" target=\"_blank\">SEBI (Depositories and Participants) Regulations, 2018<\/a> through <a href=\"http:\/\/www.scconline.com\/DocumentLink\/gpf7Xrtv\" target=\"_blank\"><span class=\"Hyperlink\" style=\"font-weight: bold;\">SEBI (Depositories and Participants) (Third Amendment) Regulations, 2025<\/span><\/a>.<\/p>\n<\/li>\n<\/ul>\n<p style=\"margin-bottom: 3%;\">Notified on 21-11-2025, these amendments will come into effect from 20-12-2025.<\/p>\n<h3>Key Provisions:<\/h3>\n<ol style=\"list-style-type: decimal;\">\n<li>\n<p style=\"font-weight: bold;\">Appointment of Executive Directors (&#8216;EDs&#8217;)<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; EDs will be appointed as members of the Governing Board of <span style=\"font-weight: bold;\">Market Infrastructure Institutions<\/span>, EDs will be appointed. EDs will oversee:<\/p>\n<\/li>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&bull; Vertical 1: Critical operations<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&bull; Vertical 2: Regulatory compliance, risk management, and investor grievances<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; EDs will be selected through open advertisement in national newspapers; and candidates applying must have relevant experience.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; MIIs will then forward two names per post to SEBI for approval, including compensation details.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Performance evaluation of EDs will be overseen by Public Interest Directors (&#8216;PIDs&#8217;).<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; MIIs facing genuine difficulties may seek temporary exemptions from SEBI.<\/p>\n<li>\n<p style=\"font-weight: bold;\">Reporting Structure of EDs<\/p>\n<\/li>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; EDs of vertical 1 and 2 will report to the Managing Director (&#8216;MD&#8217;).<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Independent quarterly reviews:<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&bull; Standing Committee on Technology (&#8216;SCOT&#8217;) with ED of Vertical 1.<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&bull; Regulatory Oversight Committee (&#8216;ROC&#8217;) and Risk Management Committee (&#8216;RMC&#8217;) with ED of Vertical 2.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; EDs will submit quarterly reports to the Governing Board and may escalate critical matters directly to SEBI.<\/p>\n<li>\n<p style=\"font-weight: bold;\">Reporting of Key Management Personnel to EDs<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Chief Technology Officer (&#8216;CTO&#8217;) and Chief Information Security Officer (&#8216;CISO&#8217;) will report to ED of Vertical 1.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Compliance Officer (&#8216;CO&#8217;) and Chief Risk Officer (&#8216;CRiO&#8217;) will report to ED of Vertical 2.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Statutory Committees will continue independent quarterly meetings with these Key Management Personnels.<\/p>\n<li>\n<p style=\"font-weight: bold;\">Role of Chief Risk Officer<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; CRiO will handle system and cybersecurity audits.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; CRiO will be an invitee to SCOT meetings along with CTO and CISO.<\/p>\n<li>\n<p style=\"font-weight: bold;\">Applicability<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; First ED: Within 6 months of amendment implementation.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Second ED: Within 9 months.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Reporting provisions apply from ED appointment date.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; CRiO-related provisions apply from 60 days after circular issuance.<\/p>\n<li>\n<p style=\"font-weight: bold;\">Advisory to Market Infrastructure Institutions<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Take necessary steps for implementation.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Amend byelaws, rules, and regulations where needed.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#11162; Disseminate these provisions to market participants and publish them on their websites.<\/p>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">SEBI has notified governance provisions for Market Infrastructure Institutions to strengthen oversight.<\/p>\n","protected":false},"author":67525,"featured_media":369889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[38236,31731,25624,94971,40311,94969,86770,86771,5321,2563,94970,29663,37767],"class_list":["post-369887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-clearing-corporations","tag-compliance","tag-corporate-governance","tag-dp-regulations","tag-depositories","tag-governance-reforms","tag-market-infrastructure-institutions","tag-miis","tag-risk-management","tag-SEBI","tag-secc-regulations","tag-securities-market","tag-stock-exchanges"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Governance provisions for Market Infrastructure Institutions | SCC Times<\/title>\n<meta name=\"description\" content=\"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI&#039;s New Governance Provisions for Market Infrastructure Institutions (MIIs)\" \/>\n<meta property=\"og:description\" content=\"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-16T03:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shubhi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEBI&#039;s New Governance Provisions for Market Infrastructure Institutions (MIIs)\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shubhi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/\"},\"author\":{\"name\":\"Shubhi\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/3e8a14a0016e76e01d69a7a3ca6164ac\"},\"headline\":\"SEBI&#8217;s New Governance Provisions for Market Infrastructure Institutions (MIIs)\",\"datePublished\":\"2025-12-16T03:30:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/\"},\"wordCount\":455,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/Market-Infrastructure-Institutions.webp\",\"keywords\":[\"Clearing Corporations\",\"Compliance\",\"corporate governance\",\"D&amp;P Regulations\",\"Depositories\",\"Governance Reforms\",\"Market Infrastructure Institutions\",\"MIIs\",\"Risk Management\",\"SEBI\",\"SECC Regulations\",\"securities market\",\"Stock Exchanges\"],\"articleSection\":[\"Legislation Updates\",\"Notifications\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/\",\"name\":\"Governance provisions for Market Infrastructure Institutions | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/Market-Infrastructure-Institutions.webp\",\"datePublished\":\"2025-12-16T03:30:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/3e8a14a0016e76e01d69a7a3ca6164ac\"},\"description\":\"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/Market-Infrastructure-Institutions.webp\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/Market-Infrastructure-Institutions.webp\",\"width\":886,\"height\":590,\"caption\":\"Market Infrastructure Institutions\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/12\\\/16\\\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SEBI&#8217;s New Governance Provisions for Market Infrastructure Institutions (MIIs)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/3e8a14a0016e76e01d69a7a3ca6164ac\",\"name\":\"Shubhi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g\",\"caption\":\"Shubhi\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/shubhi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Governance provisions for Market Infrastructure Institutions | SCC Times","description":"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/","og_locale":"en_US","og_type":"article","og_title":"SEBI's New Governance Provisions for Market Infrastructure Institutions (MIIs)","og_description":"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2025-12-16T03:30:07+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.jpg","type":"image\/jpeg"}],"author":"Shubhi","twitter_card":"summary_large_image","twitter_title":"SEBI's New Governance Provisions for Market Infrastructure Institutions (MIIs)","twitter_misc":{"Written by":"Shubhi","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/"},"author":{"name":"Shubhi","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/3e8a14a0016e76e01d69a7a3ca6164ac"},"headline":"SEBI&#8217;s New Governance Provisions for Market Infrastructure Institutions (MIIs)","datePublished":"2025-12-16T03:30:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/"},"wordCount":455,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.webp","keywords":["Clearing Corporations","Compliance","corporate governance","D&amp;P Regulations","Depositories","Governance Reforms","Market Infrastructure Institutions","MIIs","Risk Management","SEBI","SECC Regulations","securities market","Stock Exchanges"],"articleSection":["Legislation Updates","Notifications"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/","url":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/","name":"Governance provisions for Market Infrastructure Institutions | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.webp","datePublished":"2025-12-16T03:30:07+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/3e8a14a0016e76e01d69a7a3ca6164ac"},"description":"SEBI introduces governance provisions for Market Infrastructure Institutions to strengthen oversight, accountability, and investor protection.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.webp","width":886,"height":590,"caption":"Market Infrastructure Institutions"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/16\/sebi-notifies-governance-provisions-for-market-infrastructure-institutions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEBI&#8217;s New Governance Provisions for Market Infrastructure Institutions (MIIs)"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/3e8a14a0016e76e01d69a7a3ca6164ac","name":"Shubhi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0da7aaea2ff41a69b9926284cf9e1f24b3f53e830b045ed1d3f853355e3e5157?s=96&d=mm&r=g","caption":"Shubhi"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/shubhi\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/12\/Market-Infrastructure-Institutions.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/369887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67525"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=369887"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/369887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/369889"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=369887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=369887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=369887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}