Unique Identification Number suspension halts new UIN registrations and quoting requirement pending regulatory review, affecting market intermediaries. SEBI has suspended all fresh registrations for Unique Identification Numbers and the requirement to obtain or quote UIN under the MAPIN Regulations and related circulars pending finalisation of a Committee report, and has directed stock exchanges and depositories to notify their members and publish the circular on their websites; the action is taken under Section 11(1) of the SEBI Act for investor protection and market regulation.
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Unique Identification Number suspension halts new UIN registrations and quoting requirement pending regulatory review, affecting market intermediaries.
SEBI has suspended all fresh registrations for Unique Identification Numbers and the requirement to obtain or quote UIN under the MAPIN Regulations and related circulars pending finalisation of a Committee report, and has directed stock exchanges and depositories to notify their members and publish the circular on their websites; the action is taken under Section 11(1) of the SEBI Act for investor protection and market regulation.
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