Regulation 30A - Appointment of the chief risk officer - Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018

1 [ Appointment of the chief risk officer 30A. (1) Every recognised stock exchange or recognised clearing corporation shall appoint a chief risk officer to identify, monitor and initiate necessary steps to mitigate the risk associated with the functioning of a recognised stock exchange or recognised clearing corporation. (2) The chief risk officer shall be responsible for the overall risk management of the recognised stock exchange or recognised clearing corporation and submit a report to the Board on a half-yearly basis. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/124 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette)