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SEBI makes it easier for legal heirs to claim shares, mutual funds after investor's death

October 5, 2023
The Securities and Exchange Board of India (SEBI) has introduced a centralised procedure for reporting and verification in the event of an investors death, therefore smoothing the process of transmission in the securities market to legal heirs
Investor Service Centre Stock Exchange Or Stock Exchange Or Depository Exchange Board Of India Exchange Board Original Seen
Source: indiatimes.com

Sebi introduces mechanism for intermediaries reporting demise of an investor

October 3, 2023
The Sebi Tuesday announced a centralised mechanism for reporting and verification through KYC Registration Agency in case of the demise of an investor in order to smoothen the transmission process in securities market, effective from January 1, 2024
Registrars Association Of India Association Of Mutual Funds Investor Service Centre Stock Exchange Or Depository Original Seen Stock Exchange
Source: livemint.com

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