Articles 14th Jun 2024
Our Partner, Jitendra Motwani, Counsel, K.C. Jacob, and Senior Associate, Shourya Tanay Srivastava co-authored an article “SEBI Imposes Financial Penalties On Market Infrastructure Institutions For Surveillance Failures” published by BW Legal World on the recent Circular issued by the Securities and Exchange Board of India (SEBI) establishing a framework for financial disincentives in cases of surveillance-related lapses by Market Infrastructure Intermediaries (MIIs).
In this article, the authors provide an in-depth analysis of the implications of the new framework, the potential impact on MIIs, and discuss how these changes aim to enhance the overall market integrity and safeguard interest of investors.