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of <h1>SEBI Amends Central Database Regulations 2003: New Provisions for Stock Brokers, Asset Management, and Deadline Extensions for Unique IDs.</h1> The Securities and Exchange Board of India (SEBI) has amended the Central Database of Market Participants Regulations, 2003, effective upon publication in the Official Gazette. Key changes include modifications to definitions and clauses, such as omitting certain items and redefining others related to stock brokers and asset management companies. New provisions allow SEBI to extend deadlines for obtaining unique identification numbers to prevent hardship. Additional regulations empower SEBI to issue clarifications and guidelines to resolve application or interpretation difficulties. Various regulations have been updated to reflect these changes, ensuring clarity and compliance within the market participant framework.
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