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SEBI releases Online Registration Mechanism for Securities Market Intermediaries

PR No. 53/2017

Online Registration Mechanism for Securities Market Intermediaries

1. It has been SEBI’s continuous endeavour to improve ease of doing business by adopting technological solutions in its interface with market participants. Accordingly, SEBI has operationalized SEBI Intermediary Portal (https://siportal.sebi.gov.in) for the intermediaries to submit their applications online in paperless manner. The Intermediary Portal provides for online application for registration, processing of application, grant of final registration, application for surrender / cancellation, etc. Link for SEBI Intermediary Portal has been made available on SEBI website – www.sebi.gov.in.

2. The SEBI online dedicated portal for registration is operational for all intermediaries which includes Stock Brokers, Sub-brokers, Depository Participants, Mutual Funds, Merchant Bankers, Underwriters, Registrar to an Issue and Share Transfer Agents, Debenture Trustees, Bankers to an Issue, Credit Rating Agencies, Investment Advisors, Research Analysts, Portfolio Managers, Venture Capital Funds, Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), Alternative investment Funds (AIFs), Custodians and Collective Investment Schemes (CIS).

3. Hon’ble Minister of Finance, Government of India, in his speech while presenting the Budget for FY 2017-18 on February 01, 2017, had also highlighted that the process of registration of financial market intermediaries will be made fully online by SEBI.

Mumbai

August 16, 2017

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