RBI Unveils New Framework for Self-Regulatory Organizations in Financial Markets.

Banking & Finance

The Reserve Bank of India (RBI) has introduced a new framework for Self-Regulatory Organizations (SROs) operating in financial markets. This framework aims to enhance regulatory oversight and ensure that SROs adhere to higher standards of governance and compliance. Under the new guidelines, SROs will be responsible for establishing robust internal processes and procedures, ensuring transparency in their operations, and safeguarding investor interests. The RBI's move is expected to strengthen the regulatory environment, promote fair practices, and improve the overall efficiency and integrity of financial markets.


      The new framework mandates regular audits and reporting by SROs to ensure accountability and compliance.

      SROs will now need to implement strict conflict-of-interest policies to protect market integrity.

     

 

     


About RBI,

CEO : Shaktikanta Das
Headquarter : Mumbai
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