In a landmark move towards enhancing transparency, efficiency, and digital convenience, the Securities and Exchange Board of India (SEBI) has made DigiLocker integration mandatory for all intermediaries.
This mandate is a significant step forward in promoting paperless investing, enabling faster onboarding, and ensuring smoother asset transmission for millions of Indian investors.
Who Does This Apply To?
If you're a:
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Broker
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Asset Management Company (AMC)
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Registrar & Transfer Agent (RTA)
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Listed Company
…this regulation applies to you.
What SEBI Expects From You:
To ensure smooth implementation and compliance, intermediaries are expected to:
✅ Educate Investors
Promote awareness about DigiLocker access and encourage investors to add nominees to their accounts.
✅ System Upgrades
Ensure your systems are updated to share investor documents in SEBI’s prescribed digital format.
✅ Coordinate with KRAs
Work closely with KYC Registration Agencies (KRAs) to maintain real-time status updates.
✅ Guide Nominees
Assist nominees throughout the asset transmission process with clear communication and documentation.
✅ Maintain Records
Keep well-organized, digital records to ensure audit readiness and regulatory compliance.
✅ Establish Help Desks
Set up dedicated support desks to handle investor and nominee queries effectively.
More Than Compliance — It's About Building Trust
This move isn’t just a regulatory requirement — it's about empowering investors, boosting transparency, and creating a seamless, digitally-enabled ecosystem.
Unsure About Your SEBI Compliance Status?
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