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"India's regulator proposes tighter hiring rules for top jobs at market institutions"
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"SEBI's consultation paper proposes that market infrastructure institutions engage with an independent external agency to identify and recommend suitable candidates for top posts. The regulator aims to ensure that key personnel operate independently of short-term commercial considerations and flags the need for tighter regulations. The proposals also include a minimum 'cooling-off' period for key managerial personnel and directors before they join a competing institution."
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