Regulatory Alerts2025-02-14
Revised timelines for issuance of Consolidated Account Statement (CAS) by Depositories
The Securities and Exchange Board of India (SEBI) has revised the regulatory timelines for the issuance of Consolidated Account Statements (CAS) by depositories to enhance compliance ease. Under the new rules, Asset Management Companies must submit monthly common PAN data by the fifth day of the following month, while depositories must dispatch electronic CAS by the twelfth day and physical CAS by the fifteenth day. For half-yearly statements, data submission is due by the eighth day of April and October, with electronic and physical dispatch deadlines set for the eighteenth and twenty-first days respectively.
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