Nomination facilities in securities accounts are streamlined with stricter verification, simplified transmission, and clearer nominee rights. Nomination facilities for demat accounts and mutual fund folios are revised to standardise transmission rules, strengthen identity verification, and reduce unclaimed assets in the securities market. The framework reiterates survivorship, simultaneous death, HUF transmission, nominee status as trustee for legal heirs, pro rata distribution among surviving nominees, and creditor discharge before transmission. It also prescribes online and physical nomination safeguards, mandatory nominee identifiers, optional nominee KYC during the investor's lifetime, and a limited-document transmission process that excludes affidavits, indemnities, undertakings, attestation, or notarisation.