SEBI issues Master Circular consolidating all the existing circulars/directions on ‘Custodians
Editorial Note : The SEBI has been issuing various circulars/directions to Custodians, from time to time. In order to enable the stakeholders to have access to the applicable requirements specified in these circulars at one place, the provisions have been consolidated in this Master Circular. The terms not defined in this Master Circular shall have the same meaning as provided under the act/regulations. Custodians must comply with SEBI’s additional requirements for market intermediaries.