New Delhi: The Securities and Exchange Board of India (SEBI) on Wednesday, October 1, introduced two new measures viz ‘validated UPI handles’ and ‘SEBI Check’. These measures are aimed at enhancing payment security for investors and curb fund diversion by unregistered entities.

SEBI Check and @valid UPI handles

These initiatives are developed with the National Payments Corporation of India (NPCI), the facility assigns a unique ‘@valid’ UPI handle to SEBI-registered market intermediaries. These IDs will carry category-specific suffixes such as “.brk” for brokers and “.mf” for mutual funds, helping investors quickly identify genuine entities.

SEBI said that over 90 percent of major brokers and all mutual funds have already adopted the @valid handle. Payments made through these IDs will d

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