Improper Maintenance of SDD: Dos & Don’ts for Compliance

Maintaining Structured Digital Databases (SDDs) is a critical, and a mandatory requirement under SEBI’s Regulations 3(5) and 3(6) of the PIT Regulations. These regulations ensure the accurate tracking of Unpublished Sensitive Information (UPSI) to monitor and prevent insider trading. Failing to maintain proper SDDs can lead to severe legal, financial, and operational consequences. This article provides a comprehensive guide on the dos and don’ts for maintaining SDDs, highlighting key points that constitute improper maintenance and offering practical advice to ensure compliance.