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SEBI Issues New Rules for Surrendering KRA Licences to Safeguard Interests of Investors
Millennium Post Delhi
|Delhi 07 September 2025
The Securities and Exchange Board of India (Sebi) on Friday issued a circular introducing a structured framework for surrendering KYC Registration Agency (KRA) licences, aimed at ensuring orderly winding down of such entities while protecting investors' interests.
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NEW DELHI:
The regulator said the new framework is designed to handle both voluntary exits by KRAs due to business decisions and involuntary exits triggered by financial distress or regulatory action. "It is decided that the process for surrender of KRA registration should be streamlined for voluntary/involuntary scenarios so that critical operations and services of KRA are wound down in an orderly manner," Sebi stated.
Diese Geschichte stammt aus der Delhi 07 September 2025-Ausgabe von Millennium Post Delhi.
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