Sebi introduces new system for verification in case of investor death

On Tuesday, Sebi unveiled a centralized system for reporting and verification using the KYC registration agency in the event of an investor's death. The regulatory body has established operational guidelines, outlining the responsibilities of regulated entities and registered intermediaries engaged with natural persons who are investors or account holders.

Oct 4, 2023 - 07:30
Sebi introduces new system for verification in case of investor death
On Tuesday, Sebi unveiled a centralized system for reporting and verification using the KYC registration agency in the event of an investor's death. The regulatory body has established operational guidelines, outlining the responsibilities of regulated entities and registered intermediaries engaged with natural persons who are investors or account holders.