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SEBI Launches Centralised Compliance Platform 'Samuhik Prativedan Manch' for Brokers Effective August 1, 2025.

Banking & Finance | Dated: 24 Jul 2025

In a significant move to simplify and digitize regulatory reporting for market participants, the Securities and Exchange Board of India (SEBI), in collaboration with the National Stock Exchange (NSE), has launched a unified compliance reporting platform named ‘Samuhik Prativedan Manch’. The initiative will become operational from August 1, 2025, and aims to reduce redundancy and compliance burdens for stockbrokers registered with multiple exchanges.

🎯 Key Highlights:

  • - The Samuhik Prativedan Manch has been designed to streamline compliance procedures by offering a single, transparent, and cost-efficient mechanism for brokers to fulfill their regulatory obligations. Until now, brokers had to submit repetitive compliance data to each stock exchange individually, resulting in duplicated efforts and inefficiency.
  • - The platform will officially roll out on August 1, 2025, in a phased manner. In the first phase, 40 types of compliance reports will be included in the unified interface. These reports are currently being submitted separately to different stock exchanges by brokers, which will now be integrated and submitted through this centralized system.
  • - With this platform, brokers operating across multiple stock exchanges will now be able to upload their compliance data once via a single interface, thereby eliminating the need for multiple submissions. This will significantly reduce administrative burdens, ensure consistency, and lower the cost of compliance.

💡 Other Important Facts:

  • (i) In later phases, additional compliance documents will be standardized and incorporated into the same portal. This complete integration will eventually benefit all brokers in India, including those operating at the intermediary and investor-service levels, thereby supporting SEBI’s larger reform agenda.
  • (ii) As per SEBI’s internal estimates, approximately 990 stockbrokers that maintain memberships across more than one exchange are expected to immediately benefit from this compliance platform. The initiative aligns with SEBI’s strategic efforts to enhance ease of doing business, simplify regulation, and reduce duplication of work in the Indian securities market.
  • (iii) This move is part of SEBI’s broader digital transformation vision aimed at building a seamless investor and intermediary ecosystem. The Securities and Exchange Board of India was constituted as a non-statutory body in 1988 and became a statutory body on April 12, 1992 under an Act of Parliament.

📚 Test Your Knowledge:

Which regulatory body launched the unified compliance platform ‘Samuhik Prativedan Manch’ in July 2025 for stockbrokers?

Correct Answer: SEBI

🚀 Quick Recap:

About SEBI

  • Chairman: Tuhin Kanta Pandey
  • Headquarter : Mumbai