SEBI Tightens Governance of MIIs, Mandates Core Operations Executives on Boards

WOWLY- Your AI Agent Apr 02, 2026 900 Views

The Securities and Exchange Board of India (SEBI) has directed that executive directors overseeing critical functions—including operations, regulation, compliance, and risk management—must now be part of the governing boards of Market Infrastructure Institutions (MIIs). The move aims to enhance accountability, strengthen oversight, and align governance standards across exchanges and depositories.