Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: list of goods taxed at 4% :: form 3cd :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: cpt :: TDS :: VAT RATES :: VAT Audit
 
 
ę ICAI »
  Three Days Intensive Class Room Training for IBBI - Limited Insolvency Examinations in two batches at Chennai. Batch-1: 2nd to 4th June, 2017; Batch 2-23rd to 25th June, 2017
 Announcement on Advertising by members in practice engaged in Coaching/Teaching Activities
 Constitution of Group related to all issues of Bank Audit including reduction in SCAs Cooling Period, distribution of Bank Branch Audit
 Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 9
 Announcement - For the attention of candidates appearing in CA exams at exam centres in Tamil Nadu.
 CPE Events 15th May - 20th May 2017
 Information System Audit - Assessment Test (ISA - AT) New Syllabus, June 2017
 Next batch of the Certificate Course on Cooperatives at Mumbai from 27th May, 2017
 Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 8
 Next batch of the Certificate Course on NPO at Noida from 27th May, 2017
 Postponement of Papers 5 and 6 of both Intermediate (IPC) / ATC and Final examinations earlier scheduled to be held from 11th May 2017 to 14th May 2017 at Kathmandu centre, on account of local elections at Kathmandu (Nepal)

ICAI - Views Solicited on SEBIs Committee Report on Review of Ownership
December, 03rd 2010

Views Solicited on SEBIs Committee Report on Review of Ownership and Governance of Market Infrastructure Institutions (MII)

All Members

Dear Sir/Madam,

The Securities and Exchange Board of India (SEBI) constituted a Committee under the Chairmanship of Dr. Bimal Jalan, (Former Governor, Reserve Bank of India) to examine issues arising from the ownership and governance of Market Infrastructure Institutions (MIIs). Dr. Bimal Jalan submitted its report on November 22, 2010 and the same was released by the for Public Comments.

The committee deliberated and recommended primarily on the following issues among others after going through a consultative process:
  • Ownership norms: Structure of MIIs, ownership norms for the MIIs, ownership and control of an MII in another class of MII, foreign participation etc.

  • Governance norms: The board composition for the three MIIs and disclosures to be made by board members.

  • Measures for conflicts resolution: Appointment and compensation for senior management of the MII including MD/CEO, measures to ensure autonomy of regulatory departments and requirements for a compliance officer etc.

  • Other issues: Listing of MIIs, net worth requirements, distribution of profits of MIIs, related businesses that can be entered into by MIIs, replacement of MIMPS Regulations and powers to SEBI.
The Committee on Financial Markets and Investors Protection of ICAI will be compiling its recommendations including suggestions on the Report for Review of Ownership and Governance of Market Infrastructure Institutions for submission to the SEBI. Accordingly, we solicit your views/suggestions on the Report in the following format:

Sr. No. Recommendation of the Committee Comment with rationale
1. Insert reference to paragraph in the Committees Report Provide your comment here


We shall appreciate to receive the same by December 15, 2010 at cfmip@icai.org to enable us to review, compile and forward the consolidated suggestions to SEBI.

Report on Review of Ownership and Governance of Market Infrastructure Institutions

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions