SEBI Issues New Compliance Framework for Significant Market Index Providers
SEBI’s May 5 circular tightens oversight on entities managing influential market benchmarks. Under the 2024 Index Providers Regulations, 'Significant Indices' now face stricter registration and auditing requirements to ensure domestic market stability and global alignment. ‘Significant Indices’ under SEBI (Index Providers) Regulations, 2024 ‘Significant Indices’ under SEBI (Index Providers) Regulations, 2024