The School for Corporate Governance (SCG) of the National Institute of Securities Markets (NISM) conducted a Two-DayWorkshop on ‘“Role of Compliance Officers of Listed Companies’ on November 30 & December 1, 2018 at NISM Bhavan, Navi Mumbai.

The objective of the Workshop was to provide a clear understanding of the compliance requirements of listed companies under the Companies Act, 2013 and SEBI Regulations and also to update the participants with the latest developments in the regulatory space.

Shri M. Krishnamoorthy, Member of Faculty, NISM and Programme Director, welcomed the participants to the Workshop and requested them to take the benefits out of the knowledge and rich experience of the faculty members.

Mr.Sunil Kadam, Registrar, NISM, inaugurated the Workshop and spoke about the role and responsibilities of Compliance Officers and highlighted the emergence of compliance function as an area of greater focus in recent times.

Mr.R.Kalidas, Company Secretary & Head-Compliance, ACC Ltd, updated the participants with the recent amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. He also highlighted the implication of these changes and their impact on the compliance requirements of listed companies.

In the post-lunch Session, Dr.M.Thenmozhi, Director, NISM, while interacting with the participants, emphasized the need to engage the top management of listed companies for effectively performing this function. She also mentioned that compliance is absolutely non-negotiable and that this belief has to find roots at the top and steadily percolate to all levels in a listed company.

Mr. M Krishnamoorthy, Member of Faculty, apprised the participants about the nitty-gritties of SEBI (Prohibition of Insider Trading) Regulations, 2015 with illustrative case studies. During his Session on “Overview of Corporate Governance in India”, Mr.Krishnamoorthy enlightened the participants with examples from the latest developments in the corporate sector.

On the second day of the Workshop, Shri K. Venkatraman, Practising Company Secretary, spoke about recent developments in Secretarial Standards and also the issues and challenges imposed by the latest Amendments to the Companies Act, 2013.

Shri B Renganathan, Executive Vice President and Company Secretary of Edelweiss Financial Services Limited, explained about the internal audit processes and the role of Audit Committee. He also explained to the participants about the nuances of and SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, from an investment banker perspective.

Certificate of Participation was issued to all the participants at the end of the programme.

The Workshop concluded with a Vote of Thanks.