Regulatory Alerts2026-03-23
Added · Updated
Ease of doing business measures - Relaxations in certain reporting requirements for certain Stock Brokers and doing away with the requirement of reporting of demat account
The Securities and Exchange Board of India (SEBI) has amended its Master Circular for Stock Brokers to relax reporting obligations and promote ease of doing business. The regulator eliminated the requirement for brokers to report demat accounts to stock exchanges and aligned reporting rules for primary dealers with those applicable to brokers that are also banks. These amendments, effective April 17, 2026, mandate that only bank accounts used for stock broking activities be reported while depositories assume responsibility for sharing demat account details with exchanges.
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