SEBI Clarifies That the Term ‘Level’ Used in Reg. 6(1) of LODR Refers to Compliance Officer’s Position in Entity’s Structure
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- Last Updated on 3 April, 2025
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Circular no. SEBI/HO/CFD/PoD2/CIR/P/2025/47; Dated: 01.04.2025
The proviso to Regulation 6(1) of the SEBI (LODR) Regulations, 2015, requires the Compliance Officer of a listed entity to be in whole-time employment of the listed entity, not more than one level below the board of directors, and designated as a KMP. SEBI received queries seeking clarification on the term ‘level’ used in Regulation 6(1) of LODR Regulations. SEBI clarified that the term ‘level’ refers to the position of the Compliance Officer in organization structure of the listed entity.
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