SEBI (Custodian) Regulations, 1996 were amended vide notification dated September 18, 2025. The amendment notification, inter alia, specified provisions related to net worth, rendering of financial services, obligations and responsibilities for Custodian. In this regard, SEBI, vide this circular dated March 04, 2026, has prescribed the specific conditions and modalities with respect to the following provisions pertaining to
Custodians:
o Segregation of Activities
o Outsourcing of Custodian Activities
o Specification of Vault with Custodian
o Obligations and Responsibilities
o Review of Reporting Requirements
For details: CLICK HERE
