RBI releases Framework for Financial Market SROs

The Reserve Bank of India (RBI) has released a framework for financial market self-regulatory organizations (SROs) to enhance market integrity and investor protection. The framework outlines the roles, responsibilities, and governance standards for SROs, emphasizing their role in monitoring market conduct and ensuring compliance with regulatory norms. This initiative is part of the RBI's broader strategy to strengthen the financial markets through self-regulation, aiming to foster transparency, fairness, and accountability.