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SEBI's 23-Oct circular ends mandatory call recordings for research analysts' institutional-investor clients from 8 Nov 2026 — other interaction records stay compulsory for all clients.
SEBI Circular No. HO/38/11/(9)2026-MIRSD-POD/I/24272/2026 (23 Oct 2026), sebi.gov.in (official)
24 October 20267 min
SEBI’s May 2026 consultation paper proposes relaxing mandatory call recording for institutional client interactions by Research Analysts, while keeping email, SMS, and written record rules in place. The change would apply only if SEBI finalises the proposal.
Consultation paper on Relaxation in requirement of maintenance of call records for institutional clients - Amendment to the SEBI (Research Analysts) Regulations, 2014
19 May 202627 minOur editorial desk monitors official circulars, master directions, and gazette notifications across India's primary corporate and financial regulatory bodies:
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