{"id":3680,"date":"2025-12-15T02:23:01","date_gmt":"2025-12-15T02:23:01","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=3680"},"modified":"2025-12-15T02:23:02","modified_gmt":"2025-12-15T02:23:02","slug":"sebi-notification-dated-03-12-2025-amendments-to-sebi-intermediaries-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/12\/15\/sebi-notification-dated-03-12-2025-amendments-to-sebi-intermediaries-regulations\/","title":{"rendered":"SEBI Notification Dated 03\/12\/2025 &#8211; Amendments to SEBI Intermediaries Regulations\u00a0"},"content":{"rendered":"\n<p>The amendment inserts a new sub-regulation (1)(da), specifying additional grounds on which a person may be deemed \u201cnot fit and proper\u201d to act as an intermediary. It covers three key compliance failures i.e. not meeting prescribed minimum net worth or liquid net worth requirements, failing to achieve the mandated minimum revenue from permitted activities, and not transferring specified activities to a separate business unit as required by SEBI.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/dec-2025\/securities-and-exchange-board-of-india-intermediaries-third-amendment-regulations-2025_98212.html\"><em>(Link: SEBI Notification Dated 03\/12\/2025)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendment inserts a new sub-regulation (1)(da), specifying additional grounds on which a person may be deemed \u201cnot fit and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[52,56],"tags":[],"class_list":["post-3680","post","type-post","status-publish","format-standard","hentry","category-sebi","category-notifications-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Notification Dated 03\/12\/2025 - Amendments to SEBI Intermediaries Regulations\u00a0 - Bhatia Bhola &amp; 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