SEBI regulatory intelligence · for RAs & RIAs

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ComplyPing daily · 09 Jun 2026MEDIUM
Ease of Doing Investments — Modified Norms for Nomination in Demat Accounts & MF Folios
Date 2026-05-29Applies to RIA, RASEBI/HO/MIRSD/POD-1/P/CIR/2024
What changed

SEBI modified the norms for nomination in demat accounts and mutual-fund folios to ease investor on-boarding and the nomination process.

What it means for an RIA

Investors may provide up to 3 nominees; nomination is optional for jointly-held accounts. Firms may need to review systems to provide these facilities.

Neutral action checklist
  • Upgrade systems to offer the new nomination facilities
  • Acknowledge every nomination / subsequent change to the investor
Deadline: none stated↗ original circular
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Circulars, master circulars, gazette notifications, consultation papers — published any working day, in dense PDFs, with deadlines buried in clause 6.20. Nobody has time to read all of it. You just need to know the handful that touch you.

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How it works

Watch. Translate. Act.

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We read SEBI, daily

Every working day, ComplyPing scans SEBI's circulars, master circulars, gazette notifications and consultation papers — the moment they're published.

02 / TRANSLATE

Plain-English briefs

Each one that touches an RA or RIA becomes a brief: what changed → what it means for you → a neutral action checklist → the deadline, if any. The hallucinated-deadline problem? We only state deadlines that are literally in the source.

03 / ACT

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The product

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CircularMEDIUM
Revision of Monthly Cumulative Report (MCR) Format
Date 2026-05-19Applies to reviewHO/24/11/24(62)2026…
What changed

The format for reporting the Monthly Cumulative Report (MCR) has been revised.

What it means

Firms may need to review and update their reporting processes to comply with the revised MCR format.

Deadline: none stated↗ source

Why it stays trustworthy

ComplyPing is built by an engineer who tracks SEBI's feeds for a living. The summaries are generated carefully and never invent a deadline or obligation that isn't in the source — and every brief links to the original SEBI circular so you (or your compliance officer) verify in one click.

information about regulation · not a compliance service

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