SEBI Updates Depositories Regulations: Depositories Must Remit Part of Annual Custody Charges to SEBI Monthly.

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....The SEBI amended the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The key change is in regulation 9, which now mandates that a depository must pay a percentage of the annual custody charges received from issuers to the Board within fifteen days from the end of each month.....