On April 15, 2026, the Department of Telecommunications (DoT), under the Ministry of Communication, and the Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MoU) in New Delhi, Delhi.
- The partnership integrates telecom intelligence with financial surveillance to prevent financial crimes and curb the misuse of telecom infrastructure in securities fraud and investment scams.
Key Details of MOU:
Signatories: The MoU was signed by Sanjeev Kumar Sharma, Deputy Director General(DG), Artificial Intelligence(AI) & Digital Intelligence Unit (AI&DIU), DoT, and Sandip Pradhan, Whole Time Member, SEBI.
Data Sharing Mechanism: The DoT will share the Financial Fraud Risk Indicator (FRI) and Mobile Number Revocation List (MNRL) with the SEBI to identify suspicious mobile numbers and ensure SEBI-regulated entities such as brokers and asset management companies link investor accounts only with active numbers.
- SEBI will provide inputs on telecom resources linked to cyber fraud, impersonation, and money mule activities for swift action by telecom authorities.
DIP Support: The intelligence exchange will be facilitated through the DoT’s Digital Intelligence Platform (DIP), which connects over 1,400 stakeholders and enables real-time sharing of actionable information across institutions.
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