Sebi proposes governance overhaul for market infrastructure institutions, mandating the appointment of two executive directors to oversee critical operations and regulatory compliance. This move aims to bolster operational oversight and ensure MIIs prioritize public interest and systemic stability. The regulator also suggests strengthening the roles of other key managerial personnel and limiting external directorships for MDs and EDs.
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Sebi proposes ED roles to bolster governance at market infrastructure firms
