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of <h1>Regulation 97 Empowers SEBI to Set Guidelines for Effective Execution of Depositories and Participants Regulations 2018.</h1> Regulation 97 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 grants the Board the authority to establish norms, procedures, processes, manners, or guidelines necessary for implementing these regulations. This power is exercised through the issuance of circulars, enabling the Board to address matters related to the regulations and ensure their effective execution.
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