Thursday, January 24, 2019

SEBI issues clarifications on Depositories and Participants regulations

Stock Exchanges, Depositories, Public Financial Institution and Public Sector Banks had sought clarifications from SEBI with regard to applicability of Regulation 24(9) of SEBI (D&P) Regulation, 2018. In this regard, SEBI has clarified that a recognized clearing corporation shall not be considered as Depository Participant for the purpose of Regulation 24(9).

from taxmann.com News http://bit.ly/2HCH2ie
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