Half yearly reporting requirement: portfolio managers must file revised reports promptly after each half year period as mandated. Portfolio managers must submit a revised half yearly report within 30 days after each half year period end, using the prescribed format. Reports must include firm identification, a capital adequacy statement detailing paid up capital, free reserves and adjustments to arrive at net worth, disclosures of settled and pending disputes and economic offence involvement, a list of approved brokers and any suspensions/defaults, a client list with portfolio amounts, comparative performance versus benchmarks, and enclosures: Principal Officer certificate under Regulation 23(ii), auditor certificate under Regulation 20(2) with management comments, and a corporate governance report.
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.
Half yearly reporting requirement: portfolio managers must file revised reports promptly after each half year period as mandated.
Portfolio managers must submit a revised half yearly report within 30 days after each half year period end, using the prescribed format. Reports must include firm identification, a capital adequacy statement detailing paid up capital, free reserves and adjustments to arrive at net worth, disclosures of settled and pending disputes and economic offence involvement, a list of approved brokers and any suspensions/defaults, a client list with portfolio amounts, comparative performance versus benchmarks, and enclosures: Principal Officer certificate under Regulation 23(ii), auditor certificate under Regulation 20(2) with management comments, and a corporate governance report.
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