The Securities and Exchange Board of India (SEBI) on October 16, 2023, issued the Master Circular for Stock Exchanges and Clearing Corporation.
This Master Circular aims to protect the interests of investors in securities and to promote the development and regulation of the securities market.
This shall come into force on October 16, 2023.
The following has been stated namely: -
• It states that in order to enable the users to have access to all the applicable circulars/directions in one place, this Master Circular for Stock Exchanges and Clearing Corporations has been prepared
• It states that This Master Circular rescinds the circulars and communications listed in Schedule I
• This Master Circular shall supersede the previous Master Circular SEBI/HO/MRD2/DDAP/CIR/P/2021/18 dated July 05, 2021.
[Notification No. SEBI/HO/MRD2/PoD-2/CIR/P/2023/171]