Markets regulator SEBI has introduced an online registration mechanism for custodians of securities to make it convenient for them to do business.
The new system would help custodian of securities to complete registration and other regulatory filings with Sebi much faster and in a cost-effective manner.
Important Takeaways from above News-
- Chairman of SEBI is Ajay Tyagi.
- SEBI was set up in 12th April 1988.
Source- Business Standard