Securities and Exchange Board of India (Index Providers) ...

SEBI

March 11, 2024

Securities and Exchange Board of India (Index Providers) Regulations, 2024. - As per the proposed new regulations, the Index Providers must establish complaint redressal policies, provide for dispute resolution mechanisms, and ensure assessments of their adherence to benchmark principles are conducted by independent auditors. They are also required to maintain accurate records and submit reports to SEBI. - SEBI reserves the right to conduct special audits of Index Providers and take appropriate actions in case of non-compliance with the regulations. - These regulations are set to come into force 180 days from their publication in the Official Gazette.

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