New Delhi -In a major move to streamline regulatory processes, the Securities and Exchange Board of India (Sebi) has announced the launch of a common compliance reporting mechanism for stock brokers, set to be implemented from August 1, 2025. This initiative, aimed at reducing compliance costs and duplication of work, will initially cover around 1,000 brokers who hold memberships with multiple exchanges, such as NSE and BSE.
Under the new framework, brokers will be able to submit their compliance reports through a centralised portal called “Samuhik Prativedan Manch” at just one exchange instead of all the exchanges where they are registered. This is expected to make the regulatory process simpler, more transparent, and cost-effective.
In the first phase, 40 compliance reports will be covered by the system, with further phases set to expand the scope to include commodity brokers and remaining reporting documents. Sebi highlighted that this move aligns with the broader objective of promoting ease of doing business in India’s financial markets and improving efficiency for both intermediaries and investors.
By reducing duplication and simplifying compliance workflows, Sebi hopes to create a more efficient regulatory environment for stock market participants.
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