Sebi proposes using DigiLocker for reducing unclaimed assets

SEBI Proposes DigiLocker Integration To Streamline Asset Transfers and Reduce Unclaimed Holdings
Sebi has proposed using DigiLocker to streamline securities market processes and reduce unclaimed assets. The plan includes providing demat and mutual fund statements on DigiLocker and sharing investor death information.
Sebi wants to tap DigiLocker for unclaimed assets transfer
The markets regulator Securities and Exchange Board of India (SEBI) wants to leverage the a government-backed digital document storage platform DigiLocker to address the vast amount of unclaimed assets in the securities market such as mutual fund folios and stocks left with fund houses and depositories after the death of an investor.
SEBI Proposes Use Of DigiLocker To Streamline Processes And Reduce Unclaimed Assets In Securities Market
This proposal aims to reduce unclaimed and unidentified assets, ensuring smoother transmission of financial holdings to rightful heirs while safeguarding investor interests.
SEBI to tap DigiLocker for tackling ‘unclaimed asset’ problem
SEBI plans to integrate investor details with DigiLocker to reduce unclaimed assets, seeking public feedback by Dec 31.
Sebi aims to ease the process on unclaimed assets through DigiLocker
This move is expected to simplify the process of claiming unclaimed assets and provide greater convenience to investors and their nominees
SEBI proposes DigiLocker integration to reduce unclaimed assets
SEBI has proposed leveraging DigiLocker to provide demat and mutual fund statements, streamline asset transmission, and minimise unclaimed holdings in the securities market. Public comments are sought by December 31.
SEBI Draft Circular on DigiLocker to Reduce Unclaimed Assets
Harnessing DigiLocker as a Digital Public Infrastructure for reducing Unclaimed Assets in the Indian Securities Market In pursuance of SEBI’s prime mandate of investor protection, Unclaimed Assets ( UA) of investors in securities markets has been identified as a focus area for policy action.
Sebi proposes harnessing DigiLocker to reduce unclaimed assets in securities market
Markets regulator Sebi on Tuesday proposed leveraging DigiLocker, a government-backed digital document storage platform, to streamline processes and minimize unclaimed assets in the securities market.
Sebi for using DigiLocker to reduce unclaimed assets in securities market
SEBI: In case of a user's death, DigiLocker will update the account status based on death registration data from the Registrar General of India, or information from the KRA system, the regulator propo
Sebi Proposes DigiLocker for Unclaimed Assets in Securities Market
Sebi proposes using DigiLocker to streamline processes and minimize unclaimed assets in the securities market, leveraging digital document storage and KYC information.
Sebi proposes using DigiLocker for reducing unclaimed assets: 3 things to know
Sebi has proposed using DigiLocker to simplify asset management, reduce unclaimed assets, and enable faster paperless services.
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Sebi proposes using DigiLocker to help heirs claim mutual funds
SEBI has proposed to use DigiLocker to simplify asset management, reduce unclaimed assets, and enable faster paperless services.
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