This circular from SEBI announces that all applications for registration, surrender, or other requests for intermediaries like stock brokers, merchant bankers, and depository participants will need to be submitted through the online SEBI Intermediary Portal from May 31, 2017 onwards. It also provides guidance on using the portal for online processing of applications and periodic reporting. The portal aims to make the registration process for financial market intermediaries fully online.

1. SEBI/HO
1. A
2. S
3. A
4. D
5. M
6. U
7. R
8. D
9. B
10.C
Sub: On
Dear Sir
1. H
p
p
b
2. A
P
v
th
3. It
(h
a
fo
fo
o
a
4. S
i
ii
iii
iv
v
O/MIRSD/M
All Recogn
Stock Brok
All recognis
Depository
Merchant B
Underwriter
Registrar to
Debenture T
Bankers To
Credit Ratin
nline Regis
r/Madam,
Hon'ble Mi
resentingth
rocess of r
y SEBI.
As you are
Portal with v
arious inter
he market p
t has no
https://sipo
pplications
or registrati
or surrende
f name/add
vailable on
SEBI Interm
. Stock B
. Sub-br
. Mercha
. Underw
v. Registr
MIRSD1/CIR
ized Stock
ers and su
sed Depos
Participan
Bankers
rs
o an Issue
Trustees
o An Issue
ng Agencie
stration Me
nister of
he Budget f
registration
aware, SE
various cus
rmediaries
participants
ow been
ortal.sebi.g
online. Th
ion, proces
er / cancella
dress/ othe
SEBI webs
mediary Port
Brokers
rokers
ant Bankers
writers (UW
rar to an Iss
P
CI
R/P/2017/3
k Exchange
ub-brokers
sitories
nts through
and Share
es
echanism f
Finance,
for FY 2017
of financia
EBI had alr
stom applic
and in this
s and receiv
decided
gov.in)for t
e SEBI Inte
ssing of ap
ation, subm
er details,
site - www.
tal is made
s (MB)
W)
sue and Sh
age 1 of 2
RCULAR
38
es / Clearin
s through R
h Deposito
e Transfer A
for Securit
Governmen
7-18 on Fe
l market int
ready start
ations, incl
regard, ha
ved feedbac
to opera
the interme
ermediary P
pplication, g
mission of pe
etc.,Link fo
sebi.gov.in
operationa
hare Transfe
ng Corpora
Recognized
ories
Agents
ties Market
nt of Indi
bruary 01,
termediarie
ted develop
uding onlin
ad various r
ck.
ationalizeSE
ediaries to
Portal shall
grant of fin
eriodical re
or SEBI In
n.
al for followi
er Agents (
May
ations
d Stock Ex
t Intermed
a, in his
2017, anno
es will be m
pment of E
ne registrati
rounds of co
EBI Interm
submit all
include on
al registrat
ports, requ
ntermediary
ing interme
(RTA)
02, 2017
xchanges
iaries
speech w
ounced tha
made fully o
Enterprise S
ion module
onsultation
mediary P
the registra
nline applica
tion, applica
ests for cha
y Portal is
ediaries:
while
at the
nline
SEBI
es for
with
Portal
ation
ation
ation
ange
also

2. vi
vii
viii
5. F
fr
6. H
m
b
th
7. T
d
re
o
8. W
c
s
9. In
P
p
10.S
11.T
th
in
s
. Debent
. Banker
. Credit
Further, SE
rom May31
Henceforth,
made throug
rokers/ su
hrough the
The applica
eclarations
elevant reg
nline proce
Whereapplic
opy of the
hall be mad
n case of a
Portal, inte
ortalhelp@
Stock excha
a. take
circul
and r
b. bring
disse
This circular
he Securitie
nvestors in
ecurities m
ture Truste
rs To An Iss
Rating Age
BI Intermed
, 2017.
all applica
gh SEBI Int
b-broker a
stock exch
ants will be
s/ undertaki
gulations, i
essing of ap
cationsarem
application
de available
any queries
ermediaries
@sebi.gov.in
anges / clea
necessary
ar, includin
egulations;
the provisi
minate the
r is issued i
es and Exc
securities
arket.
P
es (DT)
sue (BTI)
ency (CRA)
diary Porta
ations for
termediary
and depos
anges and
e separatel
ings require
n physical
pplications f
made throug
nsmade by
e to SEBI, a
s and clari
s may co
n.
aring corpor
steps to p
ng necessa
ons of this
same on th
in exercise
change Boa
and to pro
age 2 of 2
al will be op
registration
Portal only
itory partic
depositorie
ly required
ed as a pa
form, only
for registrat
gh the stoc
their memb
as and whe
fications w
ontact on
rations and
put in place
ary amendm
circular to
heir website
of the pow
ard of India
omote the
perational f
n/ surrende
y. The appli
cipants sha
es respectiv
to submit
art of applic
y for recor
tion.
ck exchang
bers shall b
en called fo
with regard
022-26449
d Depositori
e systems
ments to th
the notice
es;
wers conferr
a Act, 1992
developme
D
Ema
for deposito
er/other req
cations in r
all continue
vely.
t relevant d
cation form
rds without
es / deposi
be preserve
r.
to the SEB
9364 or
ies are dire
for implem
e relevant
of their me
red under S
to protect
ent of and
D
Deputy Ge
ail: rajeshk
ory particip
quests sha
respect of s
e to be m
documents
ms prescribe
t impacting
itories, the
ed by them
BI Intermed
may write
ected to:
mentation of
bye-laws,
mbers and
Section 11(
the interes
to regulate
Yours faith
Rajesh Ku
eneral Man
022-26449
kd@sebi.go
pants
ll be
stock
made
s viz.
ed in
g the
hard
m and
diary
e at
f the
rules
also
(1) of
sts of
e the
fully,
umar
ager
9242
ov.in