Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2016 - SEBI/LAD-NRO/GN/2016-17/023 - SEBI

Registration conditions revised: single ongoing certificate replaces initial/permanent regime, with standardised fees and disclosure duties.

The Amendment removes the distinction between initial and permanent registrations across multiple intermediary regulations, establishing a single certificate of registration valid until suspended or cancelled. Pre existing registrants are deemed registered under the new provisions. Procedural changes include rejection after hearing with a thirty day communication of grounds, mandatory prompt intimation to the Board of changes in submitted information, and standardised fee schedules and payment timing for maintaining registration.