Legal Framework SEBI Act, 1992
On UPSC.wiki
Current affairsSEBI-ESMA MoU on Central Counterparties (September 2026): India-EU Clearing House Cooperation and Its SignificanceSEBI and ESMA (European Securities and Markets Authority) signed an MoU on September 4, 2026, in Paris, covering cooperation and information exchange on Central Counterparties (CCPs). The agreement — signed by SEBI Chairman Tuhin Kanta Pandey and ESMA Chair Verena Ross — replaces the 2017 MoU and enables Indian CCPs to re-apply for ESMA recognition under EMIR, restoring EU clearing members' access to Indian clearing infrastructure. Current affairsSEBI IT Resilience Index for Market Infrastructure Institutions: Nine-Parameter Framework and Implications for India's Capital MarketsThe Securities and Exchange Board of India (SEBI) issued a circular on August 24, 2026 mandating a standardised IT Resilience Index (ITRI) for all Market Infrastructure Institutions — stock exchanges, depositories and clearing corporations — rated on nine parameters including availability and security, to be operationalised within six months.