You are a qualified Company Secretary and have been recently appointed as Compliance Officer of a public listed company. Describe your responsibilities as a Compliance Officer.
CS Professional · Advanced Company Law and Practice · PYQS · December 2020
You are a qualified Company Secretary and have been recently appointed as Compliance Officer of a public listed company. Describe your responsibilities as a Compliance Officer.
Answer & Explanation:
Regulation 6 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 prescribes the responsibilities of a Compliance Officer of a listed entity as indicated hereinafter: The compliance officer of the listed entity shall be responsible for - ensuring conformity with the regulatory provisions applicable to the listed entity in letter and spirit. co-ordination with and reporting to the Board, recognized stock exchange(s) and depositories with respect to compliance with rules, regulations and other directives of these authorities in manner as specified from time to time. ensuring that the correct procedures have been followed that would result in the correctness, authenticity and comprehensiveness of the information, statements and reports filed by the listed entity under these regulations. monitoring email address of grievance redressal division as designated by the listed entity for the purpose of registering complaints by investors: However, the requirements of this regulation shall not be applicable in the case of units issued by mutual funds which are listed on recognised stock exchange(s) but shall be governed by the provisions of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Topics: Compliance Officer
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