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SEBI

Home Acts & Rules SEBI Old-Provisions SECURITIES CONTRACTS (REGULATION) (STOCK EXCHANGES AND CLEARING CORPORATIONS) REGULATIONS, 2012 Chapters List This

SECURITIES CONTRACTS (REGULATION) (STOCK EXCHANGES AND CLEARING CORPORATIONS) REGULATIONS, 2012

Chapter: I
PRELIMINARY
Regulation 1 : Short title and commencement
Regulation 2 : Definitions
Chapter: II
RECOGNITION OF STOCK EXCHANGES AND CLEARINGCORPORATIONS
Regulation 3 : Obligation to seek recognition
Regulation 4 : Application for recognition
Regulation 5 : Fee for application
Regulation 6 : Documents and particulars for application.
Regulation 7 : Consideration of grant of recognition
Regulation 8 : Power to make inquiries and call for information.
Regulation 9 : Grant of recognition.
Regulation 10 : Period of recognition.
Regulation 11 : Regulatory fee.
Regulation 12 : Renewal of recognition.
Regulation 13 : Withdrawal of recognition.
Chapter: III
NETWORTH OF STOCK EXCHANGE AND CLEARING CORPORATION
Regulation 14 : Networth requirements.
Chapter: IV
OWNERSHIP OF STOCK EXCHANGES AND CLEARING CORPORATIONS
Regulation 15 : Definitions
Regulation 16 : General conditions.
Regulation 17 : Shareholding in a recognised stock exchange.
Regulation 18 : Shareholding in a recognised clearing corporation.
Regulation 19 : Eligibility for acquiring or holding shares.
Regulation 20 : Fit and proper criteria.
Regulation 21 : Disclosure of shareholding.
Regulation 22 : Record keeping.
Chapter: V
GOVERNANCE OF STOCK EXCHANGES AND CLEARING CORPORATIONS
Regulation 23 : Composition of the governing board
Regulation 24 : Conditions of appointment of directors.
Regulation 25 : Appointment of managing director
Regulation 26 : Code of Conduct for directors and key management personnel.
Regulation 27 : Compensation and tenure of key management personnel.
Regulation 28 : Segregation of regulatory departments.
Regulation 29 : Oversight committees.
Regulation 30 : Advisory committee
Regulation 31 : Risk management committee of a clearing corporation.
Regulation 32 : Appointment of compliance officer.
Regulation 33 : Transfer of profits.
Regulation 34 : Transfer of penalties.
Regulation 35 : Disclosure and corporate governance norms.
Chapter: VI
GENERAL OBLIGATIONS
Regulation 36 : Clearing and settlement of trades.
Regulation 37 : Agreement between stock exchange and clearing corporation.
Regulation 38 : Admission of securities for clearing and settlement.
Regulation 39 : Fund to guarantee settlement of trades.
Regulation 40 : Utilization of profits and investments.
Regulation 41 : Equal, fair and transparent access.
Regulation 42 : Maintenance of books of accounts and records.
Regulation 43 : Submission of annual financial statements and returns.
Regulation 44 : Bye-laws, rules, etc. of stock exchanges and clearing corporation.
Regulation 44A : Settlement and netting
Regulation 44B : Right of Clearing Corporation
Regulation 44C : A recognized stock exchange, including a commodity derivatives exchange, shall not introduce ............
Regulation 44D : Provisions applicable to commodity derivatives exchanges
Chapter: VII
LISTING OF SECURITIES
Regulation 45 : Listing.
Regulation 46 : Dematerialization.
Chapter: VIII
MISCELLANEOUS
Regulation 47 : Power to call for information.
Regulation 48 : Power of inspection.
Regulation 49 : Directions by the Board.
Regulation 50 : Power to remove difficulties.
Regulation 51 : Power to specify procedures, etc. and issue clarifications.
Regulation 52 : Repeal and savings.
SCHEDULE
SCHEDULE - I : Application for recognition/renewal of recognition of a clearing corporation under regulation 4/regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012
SCHEDULE – II : Code of conduct for the directors on the governing board
 
 
 

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