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<h1>SEBI Updates Fit and Proper Criteria for Underwriters; Refer to Schedule II of Intermediaries Regulations 2008.</h1> Regulation 6A of the Securities and Exchange Board of India (Underwriters) Regulations, 1993, outlines the criteria for determining whether an applicant or underwriter is considered a fit and proper person. The Securities and Exchange Board of India (SEBI) may refer to the criteria specified in Schedule II of the SEBI (Intermediaries) Regulations, 2008, for this assessment. This provision was substituted by the SEBI (Intermediaries) Regulations, 2008, replacing the earlier criteria set by the SEBI (Criteria for Fit and Proper Person) Regulations, 2004.