Sebi issues fresh norms to curb misuse of clients' Power of Attorney
April 05, 2022
|The Free Press Journal
To curb possible misuse of Power of Attorney (PoA) given by clients to stock brokers, Sebi on Monday came out with fresh guidelines wherein execution of a new document will be made compulsory for transfer of securities towards deliveries and settlements.
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The execution of the document Demat Debit and Pledge Instruction (DDPI) -will also be applicable for pledging or repledging of securities.
The fresh guidelines, which will be effective from July 1, also comes against the backdrop of instances of misuse of PoAs.
هذه القصة من طبعة April 05, 2022 من The Free Press Journal.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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