Sebi joins RBI account aggregator ecosystem
SEBI has joined the Account Aggregator framework of RBI, this will boost the regulated financial-data sharing system.
It will allow customers to share information about their mutual fund and stock holdings with financial service providers. The account aggregator (AA) is a licensed by the RBI to enable the flow of data between Financial Information Providers (FIPs) and Financial Information Users (FIUs).
The user has to give consent while sharing data.
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