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Sebi tightens norms for internal audit mechanism at MIIs
Indian Chronicle
|May 24, 2025
To further strengthen the governance mechanism at stock exchanges, clearing corporations and depositories, the Securities and Exchange Board of India (SEBI), on Monday, tightened the norms for internal audit and the composition of audit committees of market infrastructure institutions (MIIs).
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"The audit committee of the MII shall not consist of any executive director (including the managing director) of the MII," Sebi said in the revised norms.
This story is from the May 24, 2025 edition of Indian Chronicle.
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