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 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.
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 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 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 Proposes DigiLocker Integration to Streamline Asset Management
Sebi plans to integrate DigiLocker to enhance efficiency in securities management and reduce unclaimed assets. The proposals suggest providing demat and mutual fund statements on DigiLocker and notifying nominees of asset holdings upon investor demise,
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 taps DigiLocker to ease unclaimed assets transfer
Sebi plans to leverage the government's DigiLocker system to address unclaimed assets in the securities market. By integrating demat and mutual fund holding statements, and information on investor deaths,
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Soon, MF accounts can be stored and viewed in DigiLocker
In order to reduce instances of unclaimed amount in mutual funds and capital market, SEBI has issued a consultation paper in which it has asked AMCs and Depository Participants (DPs) to provide ...
Planning a booze party in Delhi? Must be 25 or older, carry govt-issued physical ID
Delhi enforces strict age verification for alcohol. Bars and restaurants must check physical IDs. Digital copies are not ...
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How to register for DigiLocker: A complete guide
1. Access the DigiLocker Platform: You can register for DigiLocker either through the website or the mobile app Website: ...
Over 138.34 Crore Aadhaar Numbers Generated, DigiLocker Crosses 37 Crore Users: Centre
The number of UPI transactions may touch 25 billion a month towards the end of 2025. One of the central pillars of India’s ...
Chandigarh leads in enforcing new criminal laws
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