Applicability and definitions
Identify entity, activity and exclusions.
Master Circular for Stock Exchanges and Clearing Corporations (2024-12-30)
Paragraph-wise control map for MIIs; dated 2024-12-30.
2024-12-30MIIsCurrent circular inventory
Paragraph map
Registration and continuing conditions
Map eligibility, capital, fit-and-proper and infrastructure.
Governance and compliance officer
Assign Board, trustee, key-person and compliance responsibility.
Client/investor onboarding
Apply KYC, agreements, risk disclosure and suitability where applicable.
Operational conduct
Map permitted processes, segregation, conflicts and prohibited practices.
Disclosure and reporting
Build periodic/event/transaction filing and website controls.
Inspection, audit and records
Preserve books, system logs, certifications and inspection readiness.
Supersession and circular concordance
Identify consolidated circulars, saved actions and later amendments.