SEBI plans to implement governance structure to ensure ongoing compliance

Markets regulator Sebi is looking to prepare and implement a governance structure, which is custom-made to suit to the needs of business, and advising its “staff of their obligations to ensure ongoing compliance“.

The regulator plans to prepare policy documents, standard operating procedures (SOPs) and other IT documents through consultations as Sebi has certain policy documents in place which might require variations as per the best industry standards and practices.

Accordingly, the markets watchdog has invited expressions of interest (EoI) from agencies for consultation for information technology (IT) policy preparation, risk assessment and SOP documentation at Sebi.