Saturday, June 12, 2010

Depositories to post all their regulatory orders and arbitration awards on their websites

SEBI vide circular CIR/MRD/DP/19/2010 dated June 10, 2010 has directed depositories to post all their regulatory orders and arbitration awards issued since April 1, 2007, on their websites within 30 days. Further, all future regulatory orders and arbitration awards as and when issued by depositories should be posted on their website immediately. This move aims at improving the transparency in disclosing the regulatory orders and arbitration awards issued by depositories.

Earlier, SEBI had directed stock exchanges to post on their respective websites all regulatory orders and arbitration awards issued by them immediately after they are issued.

A copy of circular is available here.

No comments: