Capital adequacy monitoring requires portfolio managers to furnish half-yearly unaudited financial results to the regulator. Portfolio managers must furnish to the Board half-yearly unaudited financial results when required, to enable the Board to monitor the portfolio manager's capital adequacy and assess financial soundness for regulatory oversight.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital adequacy monitoring requires portfolio managers to furnish half-yearly unaudited financial results to the regulator.
Portfolio managers must furnish to the Board half-yearly unaudited financial results when required, to enable the Board to monitor the portfolio manager's capital adequacy and assess financial soundness for regulatory oversight.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.