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: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARDS :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT Audit :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment
ę ICAI »
 National Economic Advisory Committee of ICAI invites applications for the research work.
 Regarding Empanelment of professionals for at least fifteen years of continuous practice as a Chartered Accountant with MCA as Mediator or Conciliator.
 CPE Events 24 October - 29 October 2016
 Public Notice in the matter of wrong marketing of ICAI course by private colleges/educational institutes.
 Guidance Note on Audit of Consolidated Financial Statements (Revised 2016) issued by the Auditing and Assurance Standards Board
 Clarifications regarding exemptions in a paper(s) in CA Examinations
 Request to give suggestions on the Draft Rules and Regulations to the Insolvency and Bankruptcy Code, 2016 as issued by the Ministry of Corporate Affairs.
 Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for November 2016
 The Chartered Accountants‚Äô Students Benevolent Fund (CASBF)
 Details of Roll Nos. and Exam Centres of PQC Exams-Nov. 2016
 Group to review and realign the provisions of Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988

ICAI - Views Solicited on SEBIs Committee Report on Review of Ownership and Governance of MII
December, 17th 2010
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 20, 2010 at 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 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

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