Ensure Compliance of the directives issued by the Forward Markets Commission (FMC), regulator for the Commodity Futures Markets in India.

Review of the Inspection Report of the Exchange; ensure Compliance to the findings and placing the Compliance Report before the Audit Committee of the Exchange.

Presenting the facts of the case before the Disciplinary Action Committee to facilitate the action to be taken by the Committee.

Participated in setting up of the Investor Protection Fund of the Exchange.

Ensuring Compliance with the Rules, Regulations and Bye Laws of the Exchange.

Ensuring Compliance with the Forward Contract (Regulations) Act, 1952.

Overall view and ensuring Compliance of FMCs directives and issuing circulars to the market participants.

Discussions with FMC officials regarding key proposals of the Exchange.
Internal Compliance

Close check on the directives of the FMC / Regulator and ensure Internal Compliance by each department.

Verification of documents before granting hedge limits to the market participants to check the genuineness of the proposal and continuous monitoring of such hedge limits granted to ensure Compliance.

Updating and correcting dissemination of the data on the website.

Ensure Compliance of the policies, procedures and processes within the organization.

Drafting of Policy / Model code of conduct for internal purposes for effective and smooth functioning of the organization.