Acceptance of third party address as correspondence address Circular No. MRD/DP/37/2010,dt.14-12-2010

Acceptance of third party address as correspondence address Circular No. MRD/DP/37/2010,dt.14-12-2010

Description: In this regard, it is stated  that SEBI has no objection  to a BO authorizing  the capture  of an  address  of  a third  party  as a  correspondence  address, provided  that the Depository Participant (DP) ensures  that all  prescribed  ‘Know your Client’ norms are fulfilled  for the  third  party also.  The DP shall obtain proof […]

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