Self Regulatory Organizations for Social Impact Assessors in the context of Social Stock Exchange (SSE)
Summary
The circular specifies additional Self-Regulatory Organizations for Social Impact Assessors in the context of the Social Stock Exchange. It identifies ICMAI SAI and ICSI ISA as authorized bodies alongside the Institute of Chartered Accountants of India. The document defines a Social Impact Assessor based on Regulation 292A(f) of the ICDR Regulations.
Text
In terms of Regulation 292A(f) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, 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: 2.1. ICMAI Social Auditors Organization (ICMAI SAO) under the Institute of Cost Accountants of India 2.2. ICSI Institute of Social Auditors (ICSI ISA) under the Institute of Company Secretaries of India.
Source: SecMarx — Self Regulatory Organizations for Social Impact Assessors in the context of Social Stock Exchange (SSE). Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.