Ease of Doing Investment and Ease of Doing Business – Simplification and Standardisation of the Framework for Transmission of Securities

SEBI has introduced a simplified and standardized framework for transmission of securities aimed at making the process faster, more efficient, and investor-friendly for nominees and legal heirs. The revised framework introduces a risk-based approach, including a new Quick Transmission Processing (QTP) facility for low-value claims and higher thresholds for simplified documentation. SEBI has also streamlined documentation requirements by removing the mandatory requirement of probate of a will in specified cases, introducing a combined Affidavit-cum-NOC, and accepting QR code-based death certificates for easier verification.