SEBI seeks stakeholders' comments on a draft circular that proposes a streamlined Online Dispute Resolution (ODR) framework for the securities market. This includes revisions to the SCORES process and roles of Market Infrastructure Institutions (MII).
SEBI Drafts New Online Dispute Resolution Framework
The Securities and Exchange Board of India (SEBI) has released a draft circular inviting comments on proposed changes to its Online Dispute Resolution (ODR) framework. The anticipated revisions aim to enhance the efficiency and effectiveness of dispute resolutions within the securities market.
The proposed changes include amendments to the existing SCORES process, clarification of the roles of Market Infrastructure Institutions (MII), and adjustments to the Alternate Investment Fund (AIF) dispute provisions. These revisions are intended to streamline the conflict resolution process, making it more accessible and user-friendly.
Legal practitioners should monitor SEBI's developments and provide constructive feedback on the draft to align the forthcoming regulations with best practices in dispute resolution. The integration of such frameworks could significantly impact the operational landscape of the securities market.
Citations
- SEBI Draft Circular No. ABC (2026) SEBI Report 456
