The Gazette of India: Extraordinary

Gazette Title

Pension Fund Regulatory and Development Authority (Custodian of Securities) (Amendment) Regulations, 2023

Gazette Number

1182 GI/2024

Publication Date

February 19, 2024

Issuing Authority

Pension Fund Regulatory and Development Authority

Summary

• Amendments to the Pension Fund Regulatory and Development Authority (Custodian of Securities) Regulations, 2015.
• Regulations aim to standardize the framework for registration, monitoring, supervision, and internal control of custodians of securities.
• New eligibility criteria and application processes for custodians of securities.
• Provisions for the cancellation or suspension of registration certificates.
• Introduction of annual fees and other financial obligations for custodians.