BUSINESS ACTIVITIES AND OBLIGATIONS OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
BUSINESS ACTIVITIES AND OBLIGATIONS OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Statement of accounts compliance: standardized accounting, expense limits and mandatory annual reporting to the regulator. The Collective Investment Management Company must not exceed prescribed expense ceilings, must prepare scheme accounts according to mandated accounting ... Summary
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Statement of accounts compliance: standardized accounting, expense limits and mandatory annual reporting to the regulator.
The Collective Investment Management Company must not exceed prescribed expense ceilings, must prepare scheme accounts according to mandated accounting norms and specified balance sheet and profit and loss formats, and must prepare an annual report and annual statement of accounts for each financial year, delivering the annual report to the Board within the regulatory post year closure period.
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