{"id":90604,"date":"2026-05-07T14:13:51","date_gmt":"2026-05-07T08:43:51","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=90604"},"modified":"2026-05-07T14:13:55","modified_gmt":"2026-05-07T08:43:55","slug":"sebi-new-fit-and-proper-person-rules-for-market-intermediaries","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/sebi-new-fit-and-proper-person-rules-for-market-intermediaries\/","title":{"rendered":"SEBI\u2019s New Fit and Proper\u00a0Person\u00a0Rules\u00a0for Market Intermediaries 2026\u00a0Explained: What Businesses Need to Know"},"content":{"rendered":"<p>SEBI regulates various <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> intermediaries, including stockbrokers, investment advisors, and portfolio managers. There is an important rule called&nbsp;the&nbsp;&ldquo;fit and proper person&rdquo; for these&nbsp;market intermediaries. This rule&nbsp;determines&nbsp;whether any person or institution is suitable to&nbsp;operate&nbsp;in the market.&nbsp;<\/p>\n\n\n\n<p>SEBI has made some&nbsp;important changes&nbsp;to&nbsp;these&nbsp;<strong><a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/apr-2026\/securities-and-exchange-board-of-india-intermediaries-regulations-2008-last-amended-on-april-16-2026-_101073.html\">fit and proper&nbsp;person&nbsp;rules for market&nbsp;intermediaries<\/a><\/strong>&nbsp;on&nbsp;16&nbsp;April 2026. This change makes the rule fairer, provides clearer explanations, and reduces unnecessary disqualifications.&nbsp;<\/p>\n\n\n\n<p>The new rule has made the situation more transparent for the institutions working in the market. This change is&nbsp;especially important for businesses applying for&nbsp;<strong><a href=\"https:\/\/enterslice.com\/stock-broker-license\">stockbroker registration<\/a>,&nbsp;<a href=\"https:\/\/enterslice.com\/portfolio-manager-registration\">portfolio manager registration<\/a><\/strong>, or any other SEBI-related registrations.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is the &lsquo;Fit and Proper Person&rsquo;&nbsp;Criterion?&nbsp;<\/h2>\n\n\n\n<p>The &ldquo;Fit and Proper Person&rdquo; criterion is a verification process. It ensures that the person or institution is working in a trustworthy and responsible financial market. This criterion focuses on integrity, financial soundness, and reputation. A person or organization should not be associated with any kind of fraud, financial irregularities, or bad record.&nbsp;<\/p>\n\n\n\n<p>This rule protects investors and increases confidence in the market. It increases the number of qualified and honest people working in the market and reduces the risk of fraud. So, this criterion makes the market safe and trustworthy.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why has SEBI Revised the Rules for Market Intermediaries?&nbsp;<\/h2>\n\n\n\n<p>There was a big problem in the&nbsp;previous&nbsp;rule: if an FIR or complaint were filed against a person or organization, he or she would be automatically disqualified. These complaints could not be proven in many cases. Many businesses faced unnecessary losses.&nbsp;<\/p>\n\n\n\n<p>So, the rules&nbsp;for market intermediaries&nbsp;were too strict and did not always match the real situation. This hinders business operations and creates unnecessary complications. SEBI has made changes to the rules in recognition of these issues. Their main&nbsp;objectives&nbsp;were:&nbsp;<\/p>\n\n\n\n<ul>\n<li>To&nbsp;maintain&nbsp;strict controls while&nbsp;maintaining&nbsp;fairness&nbsp;<\/li>\n\n\n\n<li>To make the rules simpler, clearer, and more practical&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The rules are now more balanced and usable.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Major Changes in the New SEBI&nbsp;Fit and Proper&nbsp;Person&nbsp;Rules&nbsp;2026&nbsp;<\/h2>\n\n\n\n<p>Have a look at the major changes in the new SEBI Fit and Proper&nbsp;Person&nbsp;Rules&nbsp;2026-&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">No more disqualification just because of FIR<\/h3>\n\n\n\n<p>Earlier, if an FIR, complaint, or chargesheet were filed against a person or an organization, he would not be automatically considered &ldquo;fit and proper.&rdquo;&nbsp;This created a big problem, because even if the complaint was not proven, there was a risk of business closure.&nbsp;<\/p>\n\n\n\n<p>Now, no one can be disqualified for an FIR or a complaint. It focuses on proving guilt or a court verdict. So, businesses will be saved from unnecessary losses, and a fair environment will be created.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strict action if found guilty<\/h3>\n\n\n\n<p>If a person is found guilty, strict action will be taken against them. This includes moral, economic crimes, and violations of securities laws.&nbsp;<\/p>\n\n\n\n<p>If someone is found guilty of financial fraud, cheating, or violation of market-related laws, then they will not be considered &ldquo;fit and proper.&rdquo;&nbsp;<\/p>\n\n\n\n<p>SEBI wants to send a clear message with this change. This will protect honest businesses, and strict action will be taken against those who really do wrong.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Clarification in Winding-Up Rules<\/h3>\n\n\n\n<p>Earlier, the winding-up process against a company would be considered disqualified only if it&nbsp;was&nbsp;initiated. But even if this process is&nbsp;initiated, it is not&nbsp;ultimately implemented.&nbsp;<\/p>\n\n\n\n<p>Now, not only will the initiation of winding up, but also the presence of a final court order be considered for disqualification.&nbsp;<\/p>\n\n\n\n<p>So, companies will not be unnecessarily troubled, and action will be taken only based on the final decision. This has made the rules more realistic.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Time limit for reporting<\/h3>\n\n\n\n<p>According to the new rules, intermediaries will have to inform SEBI within 15 working days of any significant incident.&nbsp;<\/p>\n\n\n\n<p>This rule has been brought in to enhance transparency. This will enable the regulatory body to get&nbsp;timely&nbsp;information and make quick decisions.&nbsp;<\/p>\n\n\n\n<p>It will make companies more accountable and help strengthen their internal monitoring system.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ensuring opportunity to be heard<\/h3>\n\n\n\n<p>Now, before declaring someone not &ldquo;fit and proper,&rdquo; he should be allowed to be heard. The&nbsp;<strong><a href=\"https:\/\/www.sebi.gov.in\/\">SEBI<\/a><\/strong>&nbsp;has now&nbsp;stated&nbsp;that no decision can be taken without&nbsp;a fair&nbsp;hearing.&nbsp;&nbsp;<\/p>\n\n\n\n<p>This change strengthens the concept of &ldquo;natural justice&rdquo;.&nbsp;So, an individual or an institution gets an opportunity to explain its position.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cooling-Off period reduced<\/h3>\n\n\n\n<p>Earlier, when a Show Cause Notice (SCN) was issued, the application was not considered for a certain period. It is called the cooling-off period. This period was 1 year. Now it has been reduced to 6 months.&nbsp;<\/p>\n\n\n\n<p>This will enable businesses to reapply quickly and start their operations quickly. This is a big advantage for new or small businesses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">New clarification in case of group companies<\/h3>\n\n\n\n<p>Earlier, if there were a problem with a group of companies or an associate, it would have an impact on other companies as well.&nbsp;<\/p>\n\n\n\n<p>Now SEBI has clarified that disqualification cannot be declared merely because of its relationship with the group.&nbsp;<\/p>\n\n\n\n<p>If a person or event is not&nbsp;directly related, then it will not have an impact on other companies.&nbsp;<\/p>\n\n\n\n<p>This will reduce unnecessary &ldquo;guilt by association,&rdquo; and businesses will be able to&nbsp;operate&nbsp;more independently.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Action in case of key persons<\/h3>\n\n\n\n<p>If a key person (such as a director or promoter) of a company is declared &ldquo;not fit and proper,&rdquo; then the company will have to take immediate action.&nbsp;<\/p>\n\n\n\n<p>According to the new rules, he must be replaced within 30 working days, or his voting rights or shares must be reduced within 6 months.&nbsp;<\/p>\n\n\n\n<p>The entire organization may face problems when a company&nbsp;fails to&nbsp;comply with&nbsp;this rule. This encourages companies to be more responsible and well-governed.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Removal of Old Restrictions&nbsp;&nbsp;<\/h2>\n\n\n\n<ol>\n<li>Earlier, if there was no specific time mentioned, a ban would have been imposed automatically for 5 years. This rule has now been removed.&nbsp;<\/li>\n\n\n\n<li>The new system will judge each case separately, making the rules more flexible.&nbsp;<\/li>\n\n\n\n<li>This will reduce unnecessary penalties or harshness, and businesses will not face unnecessary losses.&nbsp;<\/li>\n\n\n\n<li>This change will allow companies to continue their work when the allegations are not proven.&nbsp;<\/li>\n\n\n\n<li>The entire process has now become more realistic, simple, and business-friendly.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Impact on Market Intermediaries&nbsp;<\/h2>\n\n\n\n<ul>\n<li>The risk of sudden disqualification based on FIR or complaint alone has&nbsp;been reduced. This will relieve businesses from the fear of unnecessary closure.&nbsp;<\/li>\n\n\n\n<li>The new rules are much clearer than before. So, companies will understand the important things to do in a situation. This will make it easier to&nbsp;maintain&nbsp;compliance.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">New responsibility:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Companies will have to pay special attention to whether any key person has been proven guilty. Because strict action will be taken only if there is a conviction.&nbsp;<\/li>\n\n\n\n<li>It is important to create a strong internal compliance system.&nbsp;So,&nbsp;it can be caught quickly and reported on time if there is a problem.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Operational impact:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Corrective action must be taken quickly when there is a problem. For example, if a key person is disqualified, he must be replaced quickly.&nbsp;<\/li>\n\n\n\n<li>Changes may have to be made to the company&rsquo;s governance structure. This will make&nbsp;management&nbsp;more transparent and accountable.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Benefits for Investors and Market Stability&nbsp;<\/h2>\n\n\n\n<ul>\n<li>Investor confidence will increase. They will understand that only competent and honest institutions are&nbsp;operating&nbsp;in the market.&nbsp;<\/li>\n\n\n\n<li>The regulatory environment has now become fairer. This reduces the chances of unnecessary punishment.&nbsp;<\/li>\n\n\n\n<li>The impact of misuse of the law or unnecessary complaints will be much less. This will make the business environment healthier.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The entire system has now come to a balanced state:&nbsp;<\/p>\n\n\n\n<ul>\n<li>It is not too strict, so that businesses suffer&nbsp;<\/li>\n\n\n\n<li>Not too easy, so that people who do wrong get away&nbsp;<\/li>\n\n\n\n<li>So, the market will become more stable and trustworthy.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How does Enterslice help&nbsp;Companies with&nbsp;Compliance?&nbsp;&nbsp;<\/h2>\n\n\n\n<p>Enterslice is a professional organization that provides a variety of legal and regulatory compliance services. It can be difficult for businesses to understand and properly&nbsp;comply with&nbsp;changes.&nbsp;We&nbsp;act&nbsp;as&nbsp;reliable assistants.&nbsp;<\/p>\n\n\n\n<p><strong>The key services are:<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li>Full support for SEBI registration&nbsp;<\/li>\n\n\n\n<li>Licensing support for stockbrokers,&nbsp;<strong><a href=\"https:\/\/enterslice.com\/investment-advisors-registration-with-sebi\">investment advisors<\/a>,<\/strong>&nbsp;etc.&nbsp;<\/li>\n\n\n\n<li>Regular compliance monitoring&nbsp;<\/li>\n\n\n\n<li>Legal advisory on new laws or rule changes&nbsp;<\/li>\n\n\n\n<li>Required documentation and reporting support&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>How we help<\/strong>:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Helps reduce compliance risks&nbsp;<\/li>\n\n\n\n<li>Helps complete all filings on time&nbsp;<\/li>\n\n\n\n<li>Guides in dealing with any regulatory notices&nbsp;<\/li>\n\n\n\n<li>Assists&nbsp;in restructuring the company structure if necessary&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Thus, Enterslice acts as a trusted compliance partner for companies.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">To Wrap Up&nbsp;&nbsp;<\/h2>\n\n\n\n<p>SEBI, in the new &ldquo;fit and proper&rdquo; rules, will have a major positive impact on the market. Now the rules have become fairer, and they focus on proven faults, not just allegations. This will protect honest businesses and prevent them from unnecessary trouble.&nbsp;<\/p>\n\n\n\n<p>However, companies must stay updated and strengthen their compliance system to&nbsp;comply with&nbsp;these new rules. A small mistake can lead to big problems, so&nbsp;it&rsquo;s&nbsp;important to follow the rules.&nbsp;<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/enterslice.com\/\">Enterslice<\/a><\/strong>&nbsp;helps businesses stay on track. We help companies&nbsp;comply with&nbsp;regulations and reduce risks.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs Related To&nbsp;SEBI&rsquo;s New Fit and Proper&nbsp;Person&nbsp;Rules&nbsp;for Market Intermediaries<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3>What is SEBI's 'fit and proper person' rule?<\/h3><p class=\"saswp-faq-answer-text\">The SEBI's &ldquo;fit and proper person&rdquo; rule ensures that only fit, honest, and financially stable individuals or institutions can&nbsp;operate&nbsp;in the market. Through this rule, the integrity, reputation, and financial condition of the individual are verified. It protects investors and&nbsp;maintains&nbsp;confidence in the market.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What has changed in the 2026 <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Amendment<\/a>?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">SEBI has brought some&nbsp;important changes&nbsp;to the 2026 amendment. Now, no one will be disqualified just because there is an FIR or a complaint. Rather, action will be taken only if the fault is proven. The opportunity for hearing, reduced cooling-off period, and clear rules related to group entities have been added. This has made the entire process fairer and more transparent.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>Will disqualification be declared now if there is an FIR?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">No, no one will be disqualified for an FIR or complaint. Earlier, many institutions used to face problems even if the allegations were not proven. The new rules state that no strict decision can be taken until the fault is proven. This will save businesses from unnecessary losses.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What kind of fault will lead to disqualification if proven?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">If an individual or institution is found guilty of economic crimes, violation of securities laws, or serious moral turpitude, then they will be declared disqualified. The new rules have mentioned these things clearly. So, it will be easier to take strict action against those who really do something wrong.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What are the new reporting rules?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">According to the new rules, intermediaries will have to inform SEBI within 15 working days of any significant or disqualifying incident. This rule is&nbsp;very important&nbsp;to increase transparency. This allows the regulatory body to get information quickly and take necessary action. It helps companies to be more responsible.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What is the cooling-off period now?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Previously, the cooling-off period was 1 year, where new applications were not considered for a period. Now, this period has been reduced to 6 months. This allows businesses to reapply quickly and start their operations quickly. This is a big advantage, especially for new and small companies.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How do these rules affect group companies?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">The new rules state that if a group of companies or associates gets into trouble, it will not automatically affect other companies. It will only affect it if there is a direct relationship or the same incident. This reduces unnecessary &ldquo;guilt by association,&rdquo; and other companies can continue to&nbsp;operate&nbsp;normally.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What&nbsp;to&nbsp;do if a key person is disqualified?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">If a key person of a company, such as a director or promoter, is declared disqualified, the company will have to take prompt action. He must be replaced within 30 working days, or his voting rights or shares reduced within 6 months. If this rule is not followed, the entire company can be affected.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How do these changes help investors?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">These new rules create a safer environment for investors. Now, action is taken only based on proven offences that ensure fairness. This keeps honest institutions in the market and increases investor confidence. The market becomes more stable as unnecessary regulations are reduced.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How does Enterslice help with SEBI compliance?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Enterslice fully supports companies in&nbsp;complying with&nbsp;SEBI regulations. We provide registration, licensing, compliance monitoring, and legal advisory. We also help in dealing with documentation, reporting, and regulatory notices. So, companies can easily&nbsp;comply with&nbsp;regulations and reduce risks.&nbsp;<\/p><\/li><\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p>SEBI regulates various <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\" href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\" data-gt-translate-attributes=\"[{&quot;attribute&quot;:&quot;data-cmtooltip&quot;, &quot;format&quot;:&quot;html&quot;}]\">market<\/a> intermediaries, including stockbrokers, investment advisors, and portfolio managers. There is an important rule called&nbsp;the&nbsp;&ldquo;fit and proper person&rdquo; for these&nbsp;market intermediaries. This rule&nbsp;determines&nbsp;whether any person or institution is suitable to&nbsp;operate&nbsp;in the market.&nbsp; SEBI has made some&nbsp;important changes&nbsp;to&nbsp;these&nbsp;fit and proper&nbsp;person&nbsp;rules for market&nbsp;intermediaries&nbsp;on&nbsp;16&nbsp;April 2026. This change makes the rule fairer, provides clearer explanations, and [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":90605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2828,11309,1599],"tags":[],"acf":{"service_id":"227"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI\u2019s New Fit and Proper Person Rules for Market Intermediaries<\/title>\n<meta name=\"description\" content=\"SEBI has made some important changes to these fit and proper person rules for market intermediaries on 16 April 2026.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/sebi-new-fit-and-proper-person-rules-for-market-intermediaries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI\u2019s New Fit and Proper Person Rules for Market Intermediaries\" \/>\n<meta property=\"og:description\" content=\"SEBI has made some important changes to these fit and proper person rules for market intermediaries on 16 April 2026.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/sebi-new-fit-and-proper-person-rules-for-market-intermediaries\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-07T08:43:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-07T08:43:55+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/05\/SEBIs-New-Fit-and-Proper-Person-Rules-for-Market-Intermediaries.webp\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Monisha Chaudhary","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/04\/Monisha-Chaudhary-150x150-1.jpg","authorDescription":"Monisha Chaudhary is a distinguished partner at Enterslice with 10+ years of relevant industry experience in company incorporation, fintech, regulatory compliance, insurtech consulting, and M&amp;A. Her creative thought process pushes her to draft excellent writeups. Besides effortlessly tackling business challenges, she invests her free time in writing blogs and articles.","postViews":4,"readingTime":7,"nextPost":null,"prevPost":{"id":90599,"slug":"how-to-legally-operate-your-fintech-in-brazil"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/05\/SEBIs-New-Fit-and-Proper-Person-Rules-for-Market-Intermediaries.webp","postTerms":"SEBI","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90604"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=90604"}],"version-history":[{"count":2,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90604\/revisions"}],"predecessor-version":[{"id":90607,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90604\/revisions\/90607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/90605"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=90604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=90604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=90604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}