Market Infrastructure Institutions
On 26th February, 2022, Markets regulator Securities and Exchange Board of India (SEBI) passed an order sanctioning the National Stock Exchange (NSE) and its official for laxity in governance.
- In setting the context for its order, SEBI noted that the NSE was a systemically important market infrastructure institution (MII).
About Market Infrastructure Institutions
- Stock exchanges, depositories and clearing corporations are collectively referred to as securities Market Infrastructure Institutions (MIIs).
- Literally, the term ‘infrastructure’ would mean the basic, underlying framework or features of a system; and the term ‘market infrastructure’ denotes such fundamental facilities and systems serving this market.
- The primary purpose of ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Minimum Alternate Tax (MAT)
- 2 Sovereign Gold Bond (SGB)
- 3 Indian Textile Sector
- 4 RBI Issues Draft Revised Guidelines for Lead Bank Scheme
- 5 Agriculture Infrastructure Fund (AIF)
- 6 Gold Exchange Traded Funds (ETFs)
- 7 Liberalised Remittance Scheme (LRS)
- 8 RBI Simplifies the Voluntary Retention Route
- 9 Miniratna Status for Yantra India Limited
- 10 Demwe Lower Hydel Project
- 1 Extension of PM Kisan Sampada Yojana
- 2 REWARD Project
- 3 50th Anniversary of ICRISAT
- 4 Fair and Remunerative Price
- 5 Four Balance Sheet Challenge
- 6 Dollar–Rupee Swap Auction
- 7 Vibrant Village Program
- 8 Bihar’s First Floating Solar Power Plant
- 9 Parvatmala Scheme
- 10 Indian Footwear and Leather Development Programme
