SEBI Digital Accessibility Compliance: What Should Intermediaries Do by 31 March 2026?
SEBI Digital Accessibility Compliance: What Should
Intermediaries Do by 31 March 2026?
Many SEBI
registered intermediaries are currently confused about what exactly
needs to be done by 31 March 2026 under the Digital Accessibility circular
issued by the Securities and Exchange Board of India (SEBI).
Let us simplify the requirement.
What is the
31 March 2026 Requirement?
As per
SEBI’s clarification circular dated 8th December 2025,
regulated entities must submit a status of readiness and compliance for
their digital platforms by 31st March 2026.
This is not an accessibility audit deadline.
Instead,
SEBI is asking entities to report the accessibility status of their
investor-facing digital platforms.
The submission should include:
- List of digital platforms (websites, mobile apps, portals)
- Status of accessibility compliance based on WCAG guidelines (AA
level)
- Remarks explaining readiness or current compliance position
The reporting must be submitted to the appropriate
reporting authority.
Is This
Applicable to All SEBI Intermediaries?
This requirement applies to SEBI regulated
entities that have investor-facing digital platforms, such as:
- Websites
- Mobile applications
- Client portals
- Investor service platforms
If an entity does not operate any
investor-facing digital platform, the practical requirement may differ.
However, entities should still carefully
evaluate their digital presence before concluding whether the requirement
applies to them.
What Exactly
Needs to be Submitted?
The circular provides a format for submission
including:
Digital Platform Information
|
Sr No |
URL of Digital Platform |
WCAG AA Accessibility Status |
Remarks |
Entities must indicate whether the minimum
accessibility level as per WCAG guidelines is met and provide comments on
readiness or implementation status.
Where Should
the Compliance Be Submitted?
The reporting authority depends on the category of
regulated entity.
For example:
- Stock Brokers / Depository Participants → Stock Exchanges / Depositories
- Investment Advisers and Research Analysts → BSE Limited
- Other regulated entities (AIFs, PMS, Merchant Bankers, etc.) → SEBI
The circular also provides a list of entities that
must report directly to SEBI, including:
- Alternative Investment Funds (AIFs)
- Portfolio Managers
- Mutual Funds / AMCs
- Credit Rating Agencies
- Custodians
- Merchant Bankers
- Registrars and Transfer Agents
These entities must submit their compliance status
directly to SEBI.
Important
Point: This Is Only a Status Submission
Many intermediaries assume they must complete a
full accessibility audit by March 2026.
This is not the requirement.
The circular specifically asks for:
✔ Status of readiness
✔ Platform list
✔ Current compliance level
Accessibility audits and continuous compliance may
follow separately.
Why This
Matters
Digital accessibility has become an important
regulatory priority as it ensures equal access to financial services for
persons with disabilities.
Investors will also be able to raise accessibility
related complaints on SCORES if digital platforms are inaccessible.
Practical
Steps Intermediaries Should Take Now
Before 31 March 2026, regulated entities should:
- Identify all investor-facing digital platforms
- Conduct a basic accessibility review against WCAG AA guidelines
- Prepare the platform-wise compliance status report
- Submit the report to the correct reporting authority
Disclaimer
This article
is intended for general informational purposes only and should not be construed
as legal, regulatory, or professional advice. SEBI regulated entities should
consult their legal or compliance advisors before taking any decision or
relying on this information.
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