Dispatch of Consolidated Account Statement (CAS) for all securities assets

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....as been decided to revisit the regulatory provisions and provide for email as default mode of dispatch for Consolidated Account Statement (CAS) by Depositories, Mutual Fund -Registrar and Transfer Agents (MF-RTAs) and holding statement by Depositories Participant (DP). 2. Accordingly, para 1.24.6, para 1.24.12, para 1.8.5, para 1.8.6 and Para 14 & 15 under the head 'Statement of Account' in Annexure 3 of SEBI Master Circular on Depositories dated October 06, 2023 stands modified as given in Annexure-A. 3. The circular shall be effective from August 01, 2024 4. The Depositories are directed to: i. make amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision, as may be applicab....

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....ing the email id on which the CAS is being sent. Para 1.24.12 If there is any transaction in any of the demat accounts of the investor or in any of his mutual fund folios, then CAS shall be sent to that investor through email on monthly basis. In case there is no transaction in any of the mutual fund and demat accounts then CAS with holding details shall be sent to the investors by email on half yearly basis. However, where an investor does not wish to receive CAS through email, option shall be given to the investor to receive the CAS in physical form at the address registered with the Depositories and the AMCs/MF-RTAs. Para 1.8.5 (ii) a. DP shall send at least one annual statement of holding through email in respect of ac....