Understanding SEBI/NSDL guidelines and preparing and issuing circulars, operating guidelines, and regulatory directions to Depository Participants (DPs).
Regularly updating Master Circulars and SOPs.
Understanding, coordinating and following up with internal teams and responding clarifications on queries raised by Participants.
Organizing meetings with relevant stakeholders to regularly monitor progress and ensure regulatory compliance.
Coordinating with other Market Infrastructure Institutions (MIIs) for uniform implementation and engaging with SEBI on compliance-related matters, including amendments to the Byelaws and Business Rules of NSDL.
Handling activities related to the transfer of depository business, takeover of accounts into NSDL’s OMNIBUS system, and transfer/transmission of securities from the OMNIBUS system to clients.
Managing activities related to the updating of DP master detail