Accounting And Audit 4 August 2026
India Buy-Back Rules Changed
India has introduced changes to buy-back rules, shifting escrow oversight to statutory auditors and diligence certification to secretarial auditors, affecting commodities, derivatives, and stock exchanges. This move aims to enhance regulatory compliance and transparency in the Indian financial market.
India has introduced significant changes to buy-back rules, affecting commodities, derivatives, and stock exchanges. The key changes include:
- Escrow oversight is now the responsibility of the statutory auditor.
- Diligence certification will be handled by the secretarial auditor.
These changes aim to enhance regulatory compliance and transparency in the Indian financial market.
For more information, visit the original article at https://www.mondaq.com/india/commoditiesderivativesstock-exchanges/1826096/buy-backs-changed-rules
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