SEBI UPDATE
Compliance Officer:
A listed entity shall appoint a qualified Company Secretary as the Compliance Officer.
It is mandatory for listed entity to Appoint Company Secretary as Compliance Officer.
Roles & Responsibility of Compliance Officer:
1. Coordinator: Co-ordination with and Reporting to following below mention with respect to compliance with rules, Regulations and other directives of these authorities in manner as specified from time to time:
· Board of Directors
· Recognize Stock Exchange
2. Ensuring conformity with the regulatory provisionsapplicable to the Listed Entity in letter and spirit.
3. Correctness of Information, Statements and Reports filed by the Listed Entity: Ensuring that the correct procedures have been followed that would result in the Correctness, Authenticity and Comprehensiveness of the Information, Statements and Reports filed by the Listed Entity under these regulations.
4. Grievance Redressal Division: Monitoring email address of Grievance Redressal division as designated by the listed entity for the purpose of registering complaints by investors.
Non-applicability of provision of Compliance Officer:
The requirements of this regulation shall not be applicable in the case of units issued by mutual funds which are listed on recognized stock exchange(s).
But same shall be governed by the provisions of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996
Compliance Officer:
A listed entity shall appoint a qualified Company Secretary as the Compliance Officer.
It is mandatory for listed entity to Appoint Company Secretary as Compliance Officer.
Roles & Responsibility of Compliance Officer:
1. Coordinator: Co-ordination with and Reporting to following below mention with respect to compliance with rules, Regulations and other directives of these authorities in manner as specified from time to time:
· Board of Directors
· Recognize Stock Exchange
2. Ensuring conformity with the regulatory provisionsapplicable to the Listed Entity in letter and spirit.
3. Correctness of Information, Statements and Reports filed by the Listed Entity: Ensuring that the correct procedures have been followed that would result in the Correctness, Authenticity and Comprehensiveness of the Information, Statements and Reports filed by the Listed Entity under these regulations.
4. Grievance Redressal Division: Monitoring email address of Grievance Redressal division as designated by the listed entity for the purpose of registering complaints by investors.
Non-applicability of provision of Compliance Officer:
The requirements of this regulation shall not be applicable in the case of units issued by mutual funds which are listed on recognized stock exchange(s).
But same shall be governed by the provisions of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996
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