CA Tarun Nagpal

Image by vectorjuice on Freepik SEBI recently has mandated the accessibility audit of digital platforms of registered intermediaries. There are few IAAP auditors available to do the audit and hence the cost of audit including remediation is very high. This makes the situation worse for Individual research analyst and Investment advisers. As they say, every tight or tough regulation generally leads to cheaper workaround. Same is the current situation where many workarounds are being proposed...

Source: https://www.freepik.com Research Analyst ("RA") / Investment adviser ("IA") Inspections are essential part of SEBI operations to ensure regulatory checks and balances in intermediaries eco system. Regulatory Provisions Chapter IV of both SEBI IA Regulations, 2013 and SEBI RA Regulations, 2014 refer to regulations that give power to SEBI to inspect books of accounts, records and documents related to IA or RA. Before Inspection SEBI may or may not serve notice of Inspection. In case,...

Source: https://www.freepik.com As the heading states that in this article we are going to explore the impact of Digital Personal Data protection Act on SEBI registered research analysts and Investment advisers. Before we start, it is essential to understand few key terms under the Act in simpler terms Data Principals - It means individual with whom personal data belongs. In case of a child and person with disability, it includes lawful guardian. ( For SEBI RA/IA, it means the clients whose...