CeFCoM: Revolutionizing Payments for Investment Advisory
The Securities and Exchange Board of India (Sebi) has introduced the Centralized Fee Collection Mechanism (CeFCoM), a secure system for investors to pay registered investment advisers and research analysts. Operational since October 2024, it offers various payment modes. Over Rs 5 crore has been processed through CeFCoM as of June 2025.
- Country:
- India
The Securities and Exchange Board of India (Sebi) is urging investors to utilize CeFCoM, a newly launched payment system, for transactions with their investment advisers and research analysts.
CeFCoM acts as a centralized and secure platform to ensure funds reach only registered professionals, enhancing transparency within the financial advisory sector.
Since its launch on October 1, 2024, CeFCoM has processed over Rs 5 crore, offering a variety of payment methods to ensure user convenience and trust.
(With inputs from agencies.)
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