Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2026

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....026/300-In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, namely- 1. These regulations may be called the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulatio....

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....ny offence involving", the words "any economic offence or an offence of securities laws or" shall be inserted; and iv. in item (vi), the words "any winding up proceedings have been initiated or" shall be omitted. b. after clause 3, the following new clauses shall be inserted, namely, - "(3A) If any person under clause (2) is subjected to any event under sub-clause (b) of....

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.... If an associate or group entity of the applicant or intermediary has been declared as not 'fit and proper person' by the Board, such declaration shall not have any bearing on the 'fit and proper person' criteria of the applicant or intermediary unless the applicant or intermediary or any other person referred in clause (2), is also found to be subjected to the same event: Provided that i....