Compfie | Circular on disclosure of complaints against the stock exchanges and the clearing corporations (dated – 04.10.2021)

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Circular on disclosure of complaints against the stock exchanges and the clearing corporations (dated – 04.10.2021) – SEBI

In order to bring about transparency in the Investor Grievance Redressal Mechanism, it has been decided that all the Stock Exchanges and the Clearing Corporations shall disclose on their websites, the data on complaints received against them and redressal thereof, latest by 7th of succeeding month, as per the format enclosed at Annexure – ‘A’ to this circular.
These disclosure requirements are in addition to those already mandated by SEBI.
The provisions of this circular shall come into effect from January 01, 2022.
The Stock Exchanges and Clearing Corporations are advised to:
1. Make necessary amendments to the relevant bye-laws, rules and regulations.
2. Communicate to SEBI, the status of the implementation of the provisions of this circular through the Monthly Development Report (MDR).