Sebi chairman Tuhin Kanta Pandey said the regulator is examining SME-specific compliance requirements to enhance the ease of doing business without compromising investor protection.
CRAs are required to put in place distinct operational, disclosure and grievance-handling mechanisms for Sebi-regulated activities and those falling under the purview of other regulators.
The regulatory nod follows the resolution of several legal overhangs, including matters related to colocation and dark fibre, that have weighed on the exchange for over a decade.