Ch IPreliminary
S.1 Short title and commencementS.2 DefinitionsS.3 Application and scopeCh IIObligations of Data Fiduciary
S.4 Grounds for processingS.5 NoticeS.6 ConsentS.7 Certain legitimate usesS.8 Data Fiduciary obligationsS.9 Children’s dataS.10 Significant Data FiduciaryCh IIIRights and duties of Data Principal
S.11 Right to accessS.12 Correction and erasureS.13 Grievance redressalS.14 Right to nominateS.15 Duties of the Data PrincipalCh IVSpecial provisions
S.16 Transfer outside IndiaS.17 ExemptionsCh VData Protection Board of India
S.18 Establishment of the BoardS.19 Composition of the BoardS.20 Salary and term of officeS.21 DisqualificationsS.22 Resignation and vacanciesS.23 Proceedings of the BoardS.24 Officers and employeesS.25 Members as public servantsS.26 Powers of the ChairpersonCh VIBoard powers and procedure
S.27 Powers and functions of the BoardS.28 Procedure followed by the BoardCh VIIAppeal and dispute resolution
S.29 Appeal to the Appellate TribunalS.30 Tribunal orders as a decreeS.31 Alternate dispute resolutionS.32 Voluntary undertakingCh VIIIPenalties
S.33 Penalties and the ScheduleS.34 Penalties to Consolidated FundCh IXMiscellaneous
S.35 Good-faith protectionS.36 Power to call for informationS.37 Blocking of accessS.38 Consistency with other lawsS.39 Bar of jurisdictionS.40 Power to make rulesS.41 Laying of rules before ParliamentS.42 Power to amend the ScheduleS.43 Power to remove difficultiesS.44 Amendments to other ActsBroking, advisory and wealth platforms hold KYC, portfolio and behavioural data under both SEBI rules and the Act.
In short
Wealth and broking platforms hold KYC, portfolio and behavioural data under both SEBI rules and the DPDP Act. Consent, minimization and rights apply, alongside SEBI record-keeping and suitability requirements. Penalties reach ₹250 crore.
What changes for this sub-sector.
Risk-profiling and advisory use personal data; take clear consent and avoid unrelated reuse.
SEBI record-keeping and KYC rules coexist with DPDP; retention obligations may override erasure.
Collect only what advice or execution needs; avoid excess device or contact data.
Clients can access, correct and erase personal data, within regulatory-retention limits.
Custodians, RTAs and analytics vendors are processors; watch cross-border data flows.
Reconcile SEBI retention with DPDP, then fix consent.
The readiness check flags consent, retention and cross-border gaps.
Take the readiness check →Consultant-led and partner-backed.