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SEBI'S CONTENT SCAN MAY RAISE COSTS FOR DIGITAL PLATFORMS
Hindustan Times
|November 06, 2024
MUMBAI: Regulated entities should prepare for higher expenses if the proposed framework by the Indian capital market regulator for recognizing specified digital platforms (SDPs) is implemented, according to experts.
On 22 October, the Securities and Exchange Board of India (Sebi) released a consultation paper outlining a new framework that will allow recognized SDPs to act as intermediaries for content related to securities, provided they adhere to strict measures specified by the regulator.
An SDP will be expected to have a mechanism in place to take preventive as well as curative action to ensure that it is not used for any activity specifically prohibited by Sebi.
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