A SEBI registered research analyst or investment adviser must keep a functional website that shows a fixed set of regulatory details. The master circulars of 6 February 2026 list registration details, disclaimers, the investor charter, complaint data, grievance links and the audit status. IAs must also show complaint data on the home page in a font of 12 or more. This guide sets out each item.
Why the website matters
RA Regulation 19A and IA Regulation 19A require a functional website. Paras 1.15 and 11.2 of the RA Master Circular and paras 1(xvi), 1(xvii), 10.1(b)(viii) and 10.2 of the IA Master Circular say what it must show. For clients, the website is where they check that you are registered and how to complain, so gaps there are visible to anyone who looks.
The twelve disclosures
The table lists each disclosure and whether it applies to RAs, IAs or both. Most apply to both groups. The validity of registration and the SEBI regional or local office address are listed for IAs. Use the table as a page by page checklist when reviewing the site.
| Disclosure | Applies to |
|---|---|
| SEBI registration number | RA and IA |
| Name as registered with SEBI and type of registration | RA and IA |
| Registered office address with telephone, and CIN if applicable | RA and IA |
| Compliance officer, principal officer and grievance officer details | RA and IA |
| BSE enlistment number | RA and IA |
| Validity of registration and SEBI regional or local office address | IA |
| Standard registration disclaimer | RA and IA |
| Standard market risk warning | RA and IA |
| Investor charter | RA and IA |
| Monthly complaints data table | RA and IA |
| SCORES and SMART ODR links with escalation matrix | RA and IA |
| Annual compliance audit status and adverse findings | RA and IA |
Registration details and disclaimers
Show the registered name, logo, registration number and full address with phone prominently. IAs must also show the type and validity of registration, principal officer contacts and the SEBI regional office address. The website must carry the disclaimer that registration granted by SEBI, enlistment with BSE and certification from NISM in no way guarantee performance or provide any assurance of returns.
The standard market risk warning, that investment in securities market are subject to market risks and that investors should read all the related documents carefully before investing, should appear unaltered. A regulatory footer on every page is the simplest way to cover these items.
Charter, complaints and grievances
Publish the current investor charter word for word. Update complaint data by the 7th of each month in the SEBI format, with trend tables; IAs place it on the home page without scrolling, in a font of 12 or more. Add a grievance page with named contacts, the 21 day resolution timeline and live links to SCORES (scores.sebi.gov.in) and SMART ODR (smartodr.in).
Audit status and other pages to check
From the audit of the financial year ending 31 March 2025, the website must show the status of the annual compliance audit and any adverse findings with action taken. Add a short section each year and update it once the report is filed.
- A CeFCoM paragraph on the payment page
- The validated @valid UPI ID and QR code
- Part-time RAs and IAs: the words part-time on the site
- IAs: no free trial offers anywhere on the site
- No SEBI logo or claims of SEBI endorsement
Beyond the website
The same registration details and disclaimer must also appear on KYC forms, agreements, reports and correspondence, and correspondence must show compliance and grievance officer details. Since 1 May 2026, social media handles must show the registered name and number on their home page. Treat the website, documents and handles as one set and update them together.
Accessibility of digital platforms
Under a SEBI circular of August 2025, regulated entities must give BSE annual compliance on accessibility audits of all digital platforms, within 30 days of each financial year end. The next due date under that circular is 30 April 2027. A website rebuild is a good moment to plan for it.
Running a website review
Go through the table above page by page, and keep a dated screenshot of each disclosure for the audit file. For a repeatable way to check pages against these items, XDQ Labs offers XDQ xAgents for RAs and IAs (/product/xfintech-agents/). This guide is general information, not legal or investment advice. Confirm with your compliance officer.
Frequently asked questions
What must an RA show on its website?
Its SEBI registered name, logo, registration number, BSE enlistment number, address with phone, officer contacts, the standard disclaimer and risk warning, the investor charter, monthly complaint data, SCORES and SMART ODR links with an escalation matrix, and the annual audit status.
What extra website details apply to investment advisers?
IAs must also show the type and validity of registration, principal officer contacts and the corresponding SEBI regional or local office address. Complaint data must sit on the home page without scrolling, in a font of 12 or more.
Can an RA or IA use the SEBI logo on its website?
No. Using the SEBI logo or claiming SEBI endorsement is banned. Show only the registration number with the standard disclaimer that registration, enlistment and certification do not guarantee performance or assure returns.
Does the audit status need to be on the website?
Yes. From the audit of the financial year ending 31 March 2025, RAs and IAs must show the status of the annual compliance audit and any adverse findings with action taken on their website, and give the report to clients.
Sources
- Master Circular for Research Analysts, 6 February 2026, SEBI, 2026
- Master Circular for Investment Advisers, 6 February 2026, SEBI, 2026
- SEBI (Research Analysts) Regulations, 2014, amended up to 10 October 2026, SEBI, 2026
- SEBI (Investment Advisers) Regulations, 2013, amended up to 25 November 2025, SEBI, 2025
- RAASB and IAASB enlistment portal, BSE Limited, 2026
- SEBI circular on accessibility of digital platforms, August 2025, SEBI, 2025
