SEBI Mandates Digital Accessibility for Persons with Disabilities

The Securities and Exchange Board of India (SEBI) has issued a significant directive requiring all regulated entities to make their digital platforms accessible to persons with disabilities. This move aligns with the Rights of Persons with Disabilities Act and aims to uphold the rights and dignity of persons with disabilities, promoting their full participation in the securities market.

This directive follows a critical Supreme Court decision, dated April 30, 2025, which recognized digital access as a fundamental right associated with the right to life and liberty. Consequently, stock exchanges, clearing corporations, depositories, brokers, mutual funds, and KYC agencies overseen by SEBI must adhere to these new compliance standards.

The orders stipulate that regulated entities (REs) must provide compliance reports within a month, appoint certified accessibility auditors within 45 days, and submit to systematic audits. Annual accessibility audits are now mandatory, with findings reported to designated authorities. The initiative extends to digital KYC processes and demands accessibility as a criterion for new solutions.

(With inputs from agencies.)