# SEBI tightens KYC rules; nominees must be linked directly

2026-08-13T16:08:08+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

Market regulator SEBI has amended KYC rules for stock brokers and depositories, making it mandatory to link nominee details directly to the client’s registration record. The move follows changes to the SEBI KYC Registration Agency Regulations. Brokers must update their systems to capture nominee information at account opening stage itself. The circular from BSE says existing clients must also provide or confirm nominee details within a specified period. If no nominee is chosen, the client must explicitly opt out. This tightens the earlier practice where nominee data was often filed separately and not part of the core KYC database.

## Coverage

- bseindia.com <https://www.bseindia.com/downloads/UploadDocs/Notices/20260813-23/20260813-23.pdf>

Tags: BSE circular, Investor protection, KYC, nominee rules, SEBI, stock market
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