Regulatory Alerts2024-05-07
Master Circular for Registrars to an Issue and Share Transfer Agents
The Securities and Exchange Board of India issued this Master Circular to consolidate and supersede previous directives for Registrars to an Issue and Share Transfer Agents. It establishes comprehensive regulatory frameworks covering registration procedures, general obligations, demat and transfer operations, and investor grievance redressal mechanisms. The document also mandates strict compliance with IT security, record-keeping, and primary market responsibilities to protect investor interests.
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