SEBI proposes online monitoring for stock broker audits in India to enhance quality and accountability.

India's securities regulator, SEBI, has proposed an online monitoring system for stock brokers' audits to improve audit quality and accountability. The new framework includes a web portal for oversight by stock exchanges, mandating physical visits by auditors and using geo-location tracking to ensure compliance. The goal is to address issues like poor audit quality and insufficient site visits. Public comments are invited until December 26.

4 months ago
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