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of <h1>SEBI Regulations 2012 Set Ethical Standards for AIFs and Managers to Protect Investors and Ensure Transparency</h1> The SEBI (Alternative Investment Funds) Regulations, 2012, Fourth a Code of Conduct for Alternative Investment Funds (AIFs), their managers, key personnel, and associated parties. AIFs must operate in investors' interests, adhere to investment objectives, and ensure transparent information dissemination. Managers and key personnel are required to maintain integrity, exercise due diligence, and avoid conflicts of interest. They must not mislead investors or misuse confidential information. Members of the Investment Committee and trustees must uphold ethical standards, disclose conflicts of interest, and maintain confidentiality. The regulations emphasize ethical conduct, transparency, and investor protection.
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