SEBI Launches Validated UPI Payment System to Combat Fraud
By Securities and Exchange Board of India
SEBI today announced a significant initiative to enhance investor protection and combat unauthorized money collection in the securities market. Effective October 1, 2025,SEBI will introduce a structured and validated Unified Payment Interface (UPI) address mechanism, featuring the exclusive "@valid" handle, for all SEBI-registered investor-facing intermediaries.
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