The Central Depository Services Limited (CDSL), on April 6, 2026, has revised the compliance timeline for certain surveillance alerts applicable to Depository Participants (DPs).
As per the circular, for half-yearly alerts related to “Multiple demat accounts with same attributes (PAN/Mobile/Email/Address/Bank)”, the disposal timeline has been extended from 45 days to 60 days from the date of alert generation.
However, for all other surveillance alerts, the existing 45-day timeline remains unchanged as per earlier guidelines.
Penalty Provision:
If DPs fail to resolve alerts within 60 days (for the specified half-yearly alerts) or do not provide satisfactory responses, penalties will be levied. This revised timeline is applicable for alerts generated on or after April 1, 2026.
Impact:
This relaxation provides additional time to DPs for handling complex cases involving multiple demat accounts while ensuring continued regulatory oversight and compliance.
[Circular No. CDSL/SURV/DP/POLCY/2026/236]
