Securities and Exchange Board of India (SEBI) partners with DigiLocker to reduce unclaimed assets in the Indian securities market and enhances investor protection

The Securities and Exchange Board of India (SEBI) has issued a circular titled “Harnessing DigiLocker as a Digital Public Infrastructure for Reducing Unclaimed Assets in the Indian Securities Market” to address the issue of unclaimed financial assets. This initiative enables investors to store and access information on their demat and mutual fund holdings through DigiLocker, a key Digital Public Infrastructure, benefiting investors and their families. Key Highlights of the Initiative The circular is available on SEBI website at www.sebi.gov.in SEBI and DigiLocker collaboration SEBI and DigiLocker are committed to enhancing investor protection through this initiative. By facilitating seamless access to financial records, this mechanism helps minimize unclaimed assets and ensures the identification of assets that might otherwise remain unnoticed. **** Dharmendra Tewari/ Navin Sreejith The Securities and Exchange Board of India (SEBI) has issued a circular titled “Harnessing DigiLocker as a Digital Public Infrastructure for Reducing Unclaimed Assets in the Indian Securities Market” to address the issue of unclaimed financial assets. This initiative enables investors to store and access information on their demat and mutual fund holdings through DigiLocker, a key Digital Public Infrastructure, benefiting investors and their families. Key Highlights of the Initiative The circular is available on SEBI website at www.sebi.gov.in SEBI and DigiLocker collaboration SEBI and DigiLocker are committed to enhancing investor protection through this initiative. By facilitating seamless access to financial records, this mechanism helps minimize unclaimed assets and ensures the identification of assets that might otherwise remain unnoticed. **** Dharmendra Tewari/ Navin Sreejith