Securities Exchange Board of India (SEBI)

Single registration for Depository Participants: SEBI has vide its CIR/ MIRSD/5/ 2014 dated 30^th December, 2014 made an amendment to the existing registration requirements.  The existing requirement of obtaining certificate of initial registration to act as a participant and subsequently permanent registration to continue to act as a participant for each depository has been done away with. Henceforth, one certificate of initial registration and subsequently permanent registration through any depository shall be required after commencement of the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2014. SEBI has also issued guidelines in this regard.