SEBI Issues Guidelines to Recognize ‘Industry Standards Forums’ for Setting Implementation Standards in Securities Markets
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- By Chetan Kulasri
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- Last Updated on 15 February, 2025
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SEBI Advisory; Dated: 12.02.2025
SEBI has introduced guidelines to recognize Industry Standards Forums (ISFs) for setting Standards for implementation of the regulatory directions. ISFs will assist entities like MIIs, mutual funds, and listed companies in implementing SEBI regulations. The guidelines outlines the constitution of ISF, the Chairperson of ISF, process for adoption of Industry Standards. Further, ISF shall issue Implementation Standards only after the Standards are recognized for implementation by SEBI.
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