Summary
- SEBI has officially notified the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) (Amendment) Regulations, 2026, effective from October 7, 2026.
- The amendment replaces "associated persons" with "specified persons" and introduces a new definition encompassing various roles in the securities market.
- It updates references to the Companies Act, introduces an additional certification route via NISM, and allows for extended certification periods as specified by the Board.
- These changes aim to modernize the regulatory framework and enhance compliance within India's securities markets.
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