MANU/SSMD/0013/2017

Ministry : Securities and Exchange Board of India

Department/Board : Market Intermediaries Regulation and Supervision Department

Circular No. : SEBI/HO/MIRSD/MIRSD1/CIR/P/2017/38

Date : 02.05.2017

1. All Recognized Stock Exchanges / Clearing Corporations
2. Stock Brokers and sub-brokers through Recognized Stock Exchanges
3. All recognised Depositories
4. Depository Participants through Depositories
5. Merchant Bankers
6. Underwriters
7. Registrar to an Issue and Share Transfer Agents
8. Debenture Trustees
9. Bankers To An Issue
10. Credit Rating Agencies

Online Registration Mechanism for Securities Market Intermediaries.

Dear Sir/Madam,

1. Hon'ble Minister of Finance, Government of India, in his speech while presenting the Budget for FY 2017-18 on February 01, 2017, announced that the process of registration of financial market intermediaries will be made fully online by SEBI.

2. As you are aware, SEBI had already started development of Enterprise SEBI Portal with various custom applications, including online registration modules for various intermediaries and in this regard, had various rounds of consultation with the market participants and received feedback.

3. It has now been decided to operationalize SEBI Intermediary Portal (https://siportal.sebi.gov.in) for the intermediaries to submit all the registration applications online. The SEBI Intermediary Portal shall include online application for registration, processing of application, grant of final registration, application for surrender / cancellation, submission of periodical reports, requests for change of name/address/ other details, etc., Link for SEBI Intermediary Portal is also available on SEBI website.

4. SEBI Intermediary Portal is made operational for following intermediaries:

i. Stock Brokers

ii. Sub-brokers

iii. Merchant Bankers (MB)

iv. Underwriters (UW)