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SEBI has issued guidelines for simplification of demat account opening process which states that the agreement to be executed between the person seeking to open an account with the Participant and the Participant shall be replaced with a common document "Rights and Obligations of the Beneficial Owner and Depository Participant".

• For New Clients:

Clients will have the option to decide on how they want to receive their annual reports, notices, etc. from companies i.e. whether by email or in paper form by post/courier. Clients can register their email address in their demat account (if not already done) and choose whether to share the email address with the companies/Registrar & Transfer Agents. The default option would be to share the email address with the companies/Registrar and Transfer Agents.

• For Existing Clients:

In case of existing Clients, Participants will have to intimate the clients about the modified provisions of the Rights and Obligations Document, replacing the existing Participant-Client agreements and keep record of the same by a letter or by email or it can be combined alongwith the next monthly/ quarterly/ yearly transaction/ holding statement.

(Ref:Circular No. NSDL/POLICY/2013/0141 dated December 18, 2013)

Currently, password based Users can submit Pay-in related instructions to pre-notified Clearing Member (CM) Pool accounts by entering the instruction details on SPEED-e facility. SPEED-e facility has been further enhanced to facilitate password based Users to confirm Pay-in related instructions on SPEED-e facility based on the instructions uploaded by pre-notified Clearing members on SPEED-e. Thus, Clients opting for e-DIS facility will not be required to enter instruction details on SPEED-e, obviating data entry errors, consumption of time for entering data, etc.

In view of the aforesaid, Clients will have two options for submitting instructions to their Participants through SPEED-e facility i.e., either by entering instructions details in favour of the pre-notified CM or by confirming the instruction details uploaded by the pre-notified CM. Clients can register for both these facilities.

(Ref: Circular No. NSDL/POLICY/2014/0002 dated January 6, 2014)

In order to safeguard the interest of the investors, SEBI has issued guidelines regarding standardization of DIS, Monitoring of DIS and Scanning of DIS as mentioned below:

• Standardization of DIS
  • Every Delivery Instruction Slips (DIS) should be standardized in terms of serial Numbering, so as to enable system level checks by the depositories & the layout and size of DIS so as to facilitate scanning and easy retrievability of records.
  • The DIS must bear a pre-printed serial number, DP ID, and a pre-printed/pre-stamped Beneficial Owner (BO) ID. A standard method of serial numbering will be prescribed by the Depository to ensure that the serial numbers issued by a DP are unique within the DP-ID.
  • Every DP shall ensure that the same DIS shall not be used for giving both market and off-market instructions. Further, a single DIS shall not be used for transactions with multiple execution dates.
• Monitoring of DIS
  • The details pertaining to the DIS serial number, BO ID, date of issuance and any other relevant details will be made available by the DP to the depository system electronically upon issuance of DIS booklets or loose slips to BO by the DP.
  • DPs will have to enter the serial number of DIS in the depository system for validation at the time of execution of DIS. Further, in respect of all the transfer instructions on a DIS, the serial number of DIS will be validated by the Depositories to ensure that no instructions accompanied by a used DIS or unissued DIS are processed.
• Scanning of DIS
  • Every DIS should be scanned by the DP executed during a day along with all Annexures/ Computer printouts, if any, by the end of the next working day in the prescribed format.

Further details about this circular are posted on NSDL website www.nsdl.co.in

(Ref: Circular No. NSDL/POLICY/2014/0004 dated January 8, 2014)

NSDL shifts its operations to its DRS at regular intervals to check its readiness and to demonstrate to the market about NSDL's capability to conduct the entire operations from the DRS. NSDL shifted its live operations intra-day to the backup site on January 10, 2014. The live operations continued at DRS till EOD of October 18, 2013 and thereafter the operations were reverted to the primary site.

(Ref: Circular No. NSDL/POLICY/2014/0005 dated January 9, 2014)

• NCDO/NISM training / certification programmes for Participants

To facilitate officials of Participants to prepare and appear for NISM-Series VI Depository Operations Certification Examination (DOCE), NSDL conducted 11 such training programmes in December 2013 at Chandigarh, Chennai, Kolkata, Lucknow, Mumbai and Noida which were attended by 278 officials of various Participants.

• CPE Training Programme for Participants

NSDL, an approved NISM Accreditated Continuing Professional Education (CPE) Provider offers CPE training programmes for eligible associated persons of Participants. In December 2013, NSDL conducted 12 such training programmes at various locations viz., Bangalore, Chennai, Jaipur, Kochi, Kolkata, Lucknow, Ludhiana,Mumbai, New Delhi and Patna which were attended by 392 officials of Participants.

• Investor Depository Meets (IDMs): NSDL interacts with investors throughout the country through a series of 'Investor Depository Meets'. These programs are organised to spread awareness amongst the accountholders and others about the new facilities introduced by NSDL, the safety features and precautions to be taken by accountholders while operating in the depository environment. During December 2013, NSDL organised five such IDMs at Kanchipuram and Vellore in Tamil Nadu, Sagar and Vidisha in Madhya Pradesh and Noida in Uttar Pradesh which were attended by around 120 investors.
• Investor Awareness Programme with ICICI Securities Limited & Geojit BNP Paribas Financial Services Limited: In order to reach out to investors that are spread across the country and to apprise them about the facilities available in NSDL depository system and the awareness on stock markets, NSDL conducted eight Investor Awareness Programmes with ICICI Securities Limited and Geojit BNP Paribas Financial Services Limited in December 2013 at Deoghar in Jharkhand, Udaipur in Rajasthan, Kharagpur and Chandannagar in West Bengal Mysore in Karnataka, Neyveli in Tamil Nadu and Vijayawada and Secunderabad in Andhra Pradesh which were attended by 365 investors.
• Participation in events conducted by Institutions: In December 2013, NSDL sponsored an event titled 'Chaos 2013' organised by Indian Institute of Management Ahmedabad at Ahmedabad which was attended by over 600 participants across India. Various aspects on Depository related services were explained to the students attending this event.
• Training Programme organized by Institutions: In December 2013, NSDL organized an Investor Awareness Programmes with Vivek Vyaspeeth, an NGO, in association with Bombay Stock Exchange (BSE) for 250 investors. Various aspects on Depository related services were addressed to students & investors attending these programmes.