IND CDSL on Registration of Entity Type

Published on: Mar 11, 2025

On Mar. 10, IND CDSL reminded participants to review category type.

  • IND CDSL reminded depository participants (DPs) to review and correct the registered entity type (RE type) category selected during enrolment on the FINnet 2.0 portal.
  • Follows IND CDSL Nov. 2022 advised DPs to register on FINnet 2.0, see #139022.
  • Correction
  • IND FIU observed some REs incorrectly selecting RE type category during enrolment; agreed to allow one-time correction of the RE type due to multiple requests received.
  • DPs must immediately review, correct their RE type in the FINnet 2.0 portal if needed.
  • Effectiveness
  • If any correction is required, share details in prescribed format by Mar. 31, 2025.
Regulators
IND CDSL; IND FIU
Entity Types
B/D; Corp; Depo; Exch
Reference
Com CDSL/PMLA/DP/POLCY/2025/164, 3/10/2025
Functions
Compliance; Registration/Licensing; Reporting
Countries
India
Category
State
N/A
Products
Corporate; Custody; Securities
Rule Type
Final
Regions
AP
Rule Date
Mar 10, 2025
Effective Date
Mar 31, 2025
Rule ID
246305
Linked to
Reg. Last Update
Mar 10, 2025
Report Section
International