https://www.taxtmi.com/highlights?id=92820 The regulator amends custodian regulations to take effect six months after Gazette notification, inserting "physical" custody, raising the net-worth threshold from fifty to seventy-five crore rupees (with a three-year transition for existing registrants) and requiring net worth to be maintained separately from activity-specific capital adequacy. Custodians may also offer other financial services subject to conditions if not tied to a banking group. New provisions impose specified obligations on governance, risk management, scalable infrastructure, orderly wind-down planning and cooperation with the regulator, and expand conduct, disclosure, internal controls, client grievance, fitness-and-proper and reporting duties in the schedule. en-us Wed, 24 Sep 2025 20:44:46 +0530 Wed, 24 Sep 2025 20:44:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92820 The regulator amends custodian regulations to take effect six months after Gazette notification, inserting "physical" custody, raising the net-worth threshold from fifty to seventy-five crore rupees (with a three-year transition for existing registrants) and requiring net worth to be maintained separately from activity-specific capital adequacy. Custodians may also offer other financial services subject to conditions if not tied to a banking group. New provisions impose specified obligations on governance, risk management, scalable infrastructure, orderly wind-down planning and cooperation with the regulator, and expand conduct, disclosure, internal controls, client grievance, fitness-and-proper and reporting duties in the schedule. Highlights SEBI Wed, 24 Sep 2025 20:44:46 +0530 https://www.taxtmi.com/highlights?id=92820