Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
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SEBI mandates standardized, validated UPI IDs for payment collection by registered market intermediaries, establishing a structured mechanism to enhance payment security and investor protection. The circular introduces a unique "@valid" UPI handle format for intermediaries, requiring them to obtain exclusive payment identifiers through designated self-certified syndicate banks. Intermediaries must generate standardized UPI IDs with specific username suffixes representing their market segment, implement a verification mechanism through "SEBI Check" functionality, and create investor awareness about the new payment system. The new UPI ID framework will be operational from October 01, 2025, with mandatory implementation timelines for market infrastructure institutions, banks, and investor-facing intermediaries, aimed at creating a more transparent and secure payment ecosystem in the securities market.
SEBI mandates standardized, validated UPI IDs for payment collection by registered market intermediaries, establishing a structured mechanism to enhance payment security and investor protection. The circular introduces a unique "@valid" UPI handle format for intermediaries, requiring them to obtain exclusive payment identifiers through designated self-certified syndicate banks. Intermediaries must generate standardized UPI IDs with specific username suffixes representing their market segment, implement a verification mechanism through "SEBI Check" functionality, and create investor awareness about the new payment system. The new UPI ID framework will be operational from October 01, 2025, with mandatory implementation timelines for market infrastructure institutions, banks, and investor-facing intermediaries, aimed at creating a more transparent and secure payment ecosystem in the securities market.
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