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ICSI: Recognition to CS under IFSCA

Recognition to Company Secretary under the International Financial Services Centres Authority (Issuance and Listing of Securities) Regulations, 2021

The Institute in furtherance of its endeavors to provide new opportunities to its members has been sending suggestions on various draft rules, regulations, policies, and guidelines, etc. issued by Ministries, government organizations, and regulatory bodies to seek recognitions in new areas of practice and employment.

ICSI is pleased to share that the International Financial Services Centres Authority (IFSCA) has recognized the Company Secretary as ‘Compliance Officer to be appointed under Regulation 130 of IFSCA (Issuance and Listing of Securities) Regulations, 2021 issued vide gazette notification dated 16th July 2021.

Recognition to Company Secretary mentioned above is as under:

130. Compliance Officer and his Obligations

(1) A listed entity shall appoint a qualified company secretary as the compliance officer.

(2) The compliance officer of the listed entity shall be responsible for

  1. ensuring conformity with the regulatory provisions applicable to the listed entity in letter and spint;
  2. coordination with and reporting to IFSCA, recognized stock exchange(s) and depositories with respect to compliance with rules, regulations, and other directives of these authorities in the manner as specified from time to time; and
  3. 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.
SourceIFSCA
CS Lalit Rajput TaxClue
CS Lalit Rajputhttp://enlightengovernance.blogspot.com/
Company Secretary having 5 years of post-qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms, and LLP.

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