Regulatory Alerts2026-03-04
SEBI Guidelines for Custodians
The Securities and Exchange Board of India (SEBI) issued this circular to prescribe specific conditions and modalities for custodians following amendments to the SEBI (Custodian) Regulations, 1996. The document mandates strict segregation of financial services activities, detailed governance and risk management frameworks, and comprehensive business continuity plans including disaster recovery protocols. Additionally, it streamlines regulatory compliance by discontinuing duplicate reporting requirements while setting phased implementation deadlines for new wind-down and infrastructure standards.
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