SEBI (Employees’ Service) (Amendment) Regulations, 2023

SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) (EMPLOYEES’ SERVICE) (AMENDMENT) REGULATIONS, 2023

Ref: SEBI/LAD-NRO/GN/2023/129.— In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001, namely: —

1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2023.
2. They shall come into force on the date of their publication in the Official Gazette.
   
3. In the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001—
   
   I. In the Schedule,in the Table, in column 3,for Grade A/B/C,after the words
   “Qualification shall be as specified above for Grade ‘D’, ‘E’ and ‘F’”,the words, numbers and symbols, “For officers in the Legal Stream in Grade ‘A’ – In addition to the qualification specified for Legal Stream, two years post qualification experience as an Advocate (including as an associate in an Advocate’s or Solicitor’s Office or Law Firm) after being enrolled under the Advocates Act, 1961 (25 of 1961) shall be a desirable qualification.” shall be inserted.

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