The Securities and Exchange Board of India (SEBI) has stated that digital platforms do not need to be designated as Specified Digital Platforms (SDPs) in order to facilitate connections between registered entities and third parties.

SEBI has emphasized that while registered entities (REs) must avoid associations with unregistered individuals providing investment advice or sharing performance metrics without SEBI's consent, these compliance requirements will not apply when REs use SDPs for such associations.

This regulatory update follows amendments made by SEBI in August, which aim to govern the relationships between REs and other entities, ensuring a more structured approach to compliance in the financial sector.