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SEBI comes to the rescue, eases transmission of investments to family members after an investor's demise

Published: October 5, 2023

Once the joint holder or the nominee or a family member reports an investor’s demise to a SEBI-regulated entity, the same will be updated across all such entities. A SEBI circular formalising this change is set to take effect from January 1, 2024.

Source: moneycontrol.com

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