SEBI Issues Parameters for Performance Evaluation of Market Infrastructure Institutions
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- Last Updated on 26 September, 2024
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Circular No. SEBI/HO/MRD/POD-III/CIR/P/2024/127; Dated: 24.09.2024
SEBI has issued parameters for the performance evaluation of Market Infrastructure Institutions (MIIs). These parameters aim to ensure consistency and uniformity in evaluations conducted by independent external agencies. The evaluation shall be based on seven key criteria. Further, MIIs are required to appoint independent external agencies to evaluate their performance every three years. The agencies need to have relevant expertise in the securities market and must receive an NOC from SEBI.
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