2025-08-07
The Securities and Exchange Board of India issued the 2025 Amendment Regulations to modify the deposit requirements for investment advisers under the 2013 Regulations. The amendments replace the previous deposit clause with one allowing the Board to specify the form and manner of maintenance, while introducing a new provision to mark the deposit as a lien in favor of a Board-recognized body for supervision. Additionally, the deposit becomes available for utilization if an adviser fails to pay dues arising from arbitration or conciliation proceedings under the Online Dispute Resolution Mechanism.