SEBI proposes changes in risk management framework of listed companies

Recognizing that risk management is a critical function of the board of directors of listed companies, the Securities and Exchange Board of India (SEBI) has issued a consultation paper (Consultation Paper) to relating to the applicability and role of the risk management committee (RMC) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations).
 


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