Separate MII functions into three verticals, recommends Sebi expert panel

Separate MII functions into three verticals, recommends Sebi expert panel

An expert group constituted by the Securities and Exchange Board of India (Sebi) to strengthen governance at market infrastructure institutions (MIIs) has suggested the creation of three distinct verticals to avoid conflict of interest. These include critical operations; regulatory, compliance and risk management and other functions such as business development. The committee [...]