Securities and Exchange Board Of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 has been saved
Securities and Exchange Board Of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021
Complying with revised risk management committee requirements for Listed Entities
Multiplicity and interconnectivity of risks has led to a persistent and disruptive volatility in business operations. Given the integrated nature of operations in a globalised era, risks faced by organisations are intertwined, regardless of their location or source. Market regulator SEBI has published the SEBI (LODR) (second amendments) vide notification no. SEBI/LAD-NRO/GN/2021/22 on 5 May 2021.
With the introduction of key amendments in SEBI (LODR) regulations, the regulator has emphasised the need of holistic risk management to improve corporate governance standards of listed companies in India.
Our point of view explores key amendments for risk management and what actions listed entities need to take to comply with the revised regulation 21 of SEBI (LODR) 2021.