2025-08-29
The Securities and Exchange Board of India (SEBI) has granted extensions to regulated entities for complying with the mandatory digital accessibility requirements under the Rights of Persons with Disabilities Act, 2016. The regulator has extended key deadlines, including pushing the final remediation date to July 31, 2026, and extending the submission of compliance reports by one month. Additionally, SEBI has designated BSE Ltd. as the sole reporting authority for Investment Advisers and Research Analysts, replacing the previous authorities BASL and SEBI respectively.
Page 1 of 3 CIRCULAR SEBI/HO/ITD-1/ITD_VIAP/P/CIR/2025/121 August 29, 2025 To, All Recognised Stock Exchanges All Recognised Clearing Corporations All Registered Depositories All Registered Intermediaries Association of Mutual Funds in India (AMFI) Association of Portfolio Managers in India (APMI) BSE Limited (Investment Adviser Administration and supervisory body-IAASB) BSE Limited (Research Analysts Administration and supervisory body-RAASB) Sir/Madam, Subject: Extension of timelines and Update of reporting authority for IAs and RAs w.r.t. SEBI Circular for Compliance to Digital Accessibility Circular ‘Rights of Persons with Disabilities Act, 2016 and rules made thereunder- mandatory compliance by all Regulated Entities’ dated July 31, 2025 (Circular No. SEBI/HO/ITD-1/ITD_VIAP/P/CIR/2025/111)
Page 2 of 3 Table 1 : Compliance Requirements and Extension of Timelines S/N Compliance required Timeline Current Date Extension Granted New Date 1 REs shall submit a compliance/ action taken report pertaining to the clauses of this circular Within 30 days Aug 30, 2025 1 month Sept 30, 2025 2 REs shall submit a list of digital platforms provided by them for the investors Within 30 days Aug 30, 2025 1 month Sept 30, 2025 3 Appointment of IAAP certified accessibility professionals as Auditor. Within 45 days Sept 14, 2025 3 months Dec 14, 2025 4 Conduct of Accessibility Audit for the digital platforms. Within 3 months Oct 31, 2025 6 months April 30, 2026 5 Remediation of findings from the audit and ensuring compliance with this circular. Within 6 months Jan 31, 2025 6 months July 31, 2026 6 Annually give compliance to conducting annual accessibility audits of all the digital platforms and submit final report of such audit to SEBI Within 30 days of each Financial Year April 30, 2026 To next Financial year April 30, 2027 4. The reporting authority for IAs and RAs shall be modified from BASL and SEBI respectively to BSE Ltd. for both IAs and RAs. The updated reporting authorities for the compliance with Digital Accessibility circular shall be as follows: Table 2: Compliance Reporting Authorities S/N Regulated Entity Reporting Authority 1 Stock Brokers/ Depository Participants Stock Exchanges / Depositories 2 Investment Advisor (“IAs”) and Research Analysts (“RAs”) BSE Ltd. 3 MIIs and rest of the REs SEBI
Page 3 of 3 5. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 6. This circular is issued with the approval of Competent Authority. 7. This circular is available on SEBI website at www.sebi.gov.in under the category “Legal” and drop “Circulars”. Yours faithfully, Deepankar Chatterjee Deputy General Manager Phone: 022-26449643 Email: deepankarc@sebi.gov.in