Intermediary registration requires separate certificates for each activity, with specified applications routed through designated entities. Registration of intermediaries requires an application in Form A with prescribed information and fees. Applications by specified market participants must ... Summary
Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Intermediary registration requires separate certificates for each activity, with specified applications routed through designated entities.
Registration of intermediaries requires an application in Form A with prescribed information and fees. Applications by specified market participants must be routed through the relevant stock exchange, clearing corporation, depository or self-regulatory organisation, which must assess eligibility and forward complete applications with recommendations within the prescribed period. Transitional requirements apply to existing certificate holders, including timely fresh applications for time-bound certificates and disclosure obligations for permanent certificates. A separate certificate is required for each intermediary activity.
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