SEBI directs MIIs to establish SOPs for disciplinary actions against KMPs | Stock Market News
Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued new directives for Market Infrastructure Institutions (MIIs) to develop internal Standard Operating Procedures (SOPs) for disciplinary actions against Key Managerial Personnel (KMPs) in case of non-compliance with regulatory requirements and internal guidelines. The SOPs must be approved by the Nomination and Remuneration…