SEBI Update – Self Regulatory Organizations for Social Impact Assessors in the context of Social Stock Exchange (“SSE”)

In terms of Regulation 292A(f) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, (“ICDR Regulations’) a Social Impact Assessor means an individual registered with self regulatory organization under the Institute of Chartered Accountants of India or such other agency, as may be specified by the Board, who has qualified a certification program conducted by National Institute of Securities Market. 

 In addition to the Self-Regulatory Organization under the Institute of Chartered Accountants of India the following agencies are specified as Self Regulatory Organizations for Social Impact Assessors in the context of Social Stock Exchange: 

ICMAI Social Auditors Organization (ICMAI SAO) under the Institute of Cost Accountants of India 
ICSI Institute of Social Auditors (ICSI ISA) under the Institute of Company Secretaries of India.

Link – https://www.sebi.gov.in/legal/circulars/may-2024/self-regulatory-organizations-for-social-impact-assessors-in-the-context-of-social-stock-exchange-sse-_83583.html