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
Inspection notice requirement allows prior notice or immediate inspection for investor protection; trustees must comply during investigations. Regulation mandates a prior notice requirement to the Collective Investment Management Company or trustee before an inspection, while empowering the ... Summary
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Inspection notice requirement allows prior notice or immediate inspection for investor protection; trustees must comply during investigations.
Regulation mandates a prior notice requirement to the Collective Investment Management Company or trustee before an inspection, while empowering the regulator to order immediate inspection without notice when investor interests warrant waiver; entities under inspection must discharge obligations and cooperate during the inspection or investigation as specified by the relevant follow up regulation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.