Thursday, 10 August 2017

SEBI Launches Online Registration for Custodians of Securities

Securities and Exchange Board of India, SEBI, has introduced an online registration mechanism for custodians of securities to make it convenient for them to do business.

All applicants desirous of seeking registration as a Custodian of Securities are now required to submit their applications online only, through SEBI Intermediary Portal.
Earlier, Finance Minister Arun Jaitley in his budget speech for 201718 announced that the process of registration of financial market intermediaries will be made fully online by SEBI.

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