GRANT AND REVOCATION OF UNIQUE IDENTIFICATION NUMBERSSecurities and Exchange Board of India (Central Database Of Market Participants) Regulations, 2003
GRANT AND REVOCATION OF UNIQUE IDENTIFICATION NUMBERSSecurities and Exchange Board of India (Central Database Of Market Participants) Regulations, 2003
Regulatory liability for failing required related-person applications: intermediaries and listed companies face statutory enforcement action. Intermediaries and listed companies must make applications for newly added related persons under regulation 18; failure to comply renders the defaulting ... Summary
Regulatory liability for failing required related-person applications: intermediaries and listed companies face statutory enforcement action.
Intermediaries and listed companies must make applications for newly added related persons under regulation 18; failure to comply renders the defaulting intermediary or listed company liable to action under section 15HB of the Act, creating a direct enforcement mechanism for breaches of the central database compliance obligation.
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