The Securities and Exchange Board of India on 23rd February, 2022 has issued the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2022. The amendment provides that a self-clearing member fulfilling the networth requirements as provided under the Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 shall also be eligible to register as a depository participant.
The bank shall update the customer’s KYC records and intimate the customer once the records get updated in the system.
CeFCoM is a secure and transparent payment ecosystem developed with the objective of securing that investors pay fees only to registered investment advisors and research
This regulatory milestone seeks to enhance investor protection, encourage greater transparency, and standardize investor engagement practices across India’s fast-growing REIT sector.
This circular introduces an Investor Charter for Infrastructure Investment Trusts (InvITs), reinforcing SEBI’s long-term commitment to financial consumer protection, transparency, and inclusion.
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