SEBI Notifies Index Providers Regulations, 2024 to Enhance Transparency & Accountability in Index Governance
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- Last Updated on 12 March, 2024
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Notification No. SEBI/LAD-NRO/GN/2024/167.; Dated: 08.03.2024
The SEBI has notified the SEBI (Index Providers) Regulations, 2024. These regulations aim to provide a regulatory framework for Index Providers in the securities market to foster transparency and accountability in the governance and administration of Indices.
The new norms include various definitions, provisions regarding the registration of Index Providers, governance and conflict of interest, Index Quality and Methodology, accountability and disclosures etc. Further, it outlines provisions on special audits, action in case of default and other miscellaneous provisions.
Click Here To Read The Full Notification
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