PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
Compliance officer independence requires portfolio managers to appoint an eligible officer for regulatory monitoring, investor grievances, and independent non-compliance reporting. Portfolio managers must appoint a compliance officer to monitor compliance with applicable statutory and regulatory requirements, address investor ... Summary
Compliance officer independence requires portfolio managers to appoint an eligible officer for regulatory monitoring, investor grievances, and independent non-compliance reporting.
Portfolio managers must appoint a compliance officer to monitor compliance with applicable statutory and regulatory requirements, address investor grievances, and satisfy eligibility criteria specified by the Board. The role cannot be assigned to the principal officer or the employee appointed for specified portfolio-management functions. The compliance officer must immediately and independently report observed non-compliance to the Board.
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