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SEBI Accessibility Mandate
Everything Brokers, AIFs, and Mutual Funds need to know about the new circular.
CRITICAL DEADLINE:
All Regulated Entities must be fully compliant by July 31, 2026.
Audit appointments should be made immediately to avoid the rush.
The Requirement
SEBI has mandated that all digital platforms (Websites, Apps, Client Portals) must conform to:
- WCAG 2.1 Level AA (Global Standard)
- IS 17802:2021 (Indian Standard Part 1)
- GIGW 3.0 (Government of India Guidelines)
Who is Impacted?
This applies to all SEBI Regulated Entities (REs), including:
- Stock Brokers & Depository Participants
- Asset Management Companies (AMCs) / Mutual Funds
- Alternative Investment Funds (AIFs)
- Portfolio Managers & Investment Advisors
- Credit Rating Agencies (CRAs)
The Risk of Non-Compliance
Failure to comply carries significant risks beyond SEBI penalties:
- Legal Liability: Under the RPwD Act, Directors can be held liable for discrimination.
- Operational Risk: Potential suspension of digital onboarding capabilities.
- Reputational Damage: Public listing of non-compliant entities.