Sebi proposes STP overhaul to cut costs and reduce concentration risks

[ad_1] With a decentralised Application Programming Interface (API)-based model aimed at reducing costs, lowering latency and improving service delivery for market participants, market regulator Sebi on Tuesday proposed a major overhaul of the existing Straight-Through Processing (STP) framework seeking to replace the current centralised hub-based structure, PTI reported.In a consultation paper, Sebi proposed removing the…

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HI president calls emergency meeting amid multiple sexual harassment complaints

[ad_1] Hockey India (HI) president Dilip Tirkey on Tuesday called for an emergency Executive Board meeting following several cases of sexual harassment, misconduct, ethical violations and disciplinary failures against coaches and officials within the organisation.“These incidents are seriously harming the reputation of HI, Indian hockey, our sponsors and Hockey India League franchises,” the president wrote…

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