New Delhi, Feb. 7 -- The market regulator's latest updates to the listing regulations present a wholesome platter of governance enhancements, accompanied by a fine glass of procedural easing to wash it down.

The Securities and Exchange Board of India's (Sebi) move follows an expert committee's recommendations to the market regulator for well-governed entities that are expected to perform better in the long run.

Compliance with laws is the baseline indicator of responsible governance. Sebi's changes focus both on external assurance exercises on compliance as well as robust in-house compliance.

Just as how the statutory auditors' report enhances trust on an entity's financial statements, a secretarial auditor's report provides assurance ...