Search

SEBI launches online registration for custodians of securities

Custodian of securities holds shares and other assets in electronic or physical form.

Aug 10, 2017 15:35 IST
facebook IconTwitter IconWhatsapp Icon

Markets regulator SEBI on 9 August 2017 launched online registration mechanism for custodians of securities to make it convenient for them to do business.
 
The new system will help custodian of securities to complete registration and other regulatory filings with SEBI in a cost-effective manner.     

CA eBook

All applicants who want to seek registration as a custodian of securities are now required to submit their applications online only.     

The custodian of securities, who seek approval as Designated Depository Participant (DDP) in  terms  of Regulation 11 of SEBI (FPI) Regulations, 2014, will also be required to apply through this portal.     

Custodian of securities holds shares and other assets in electronic or physical form.

 

Download our Current Affairs & GK app For exam preparation

डाउनलोड करें करेंट अफेयर्स ऐप एग्जाम की तैयारी के लिए

AndroidIOS