Alternative Investment Funds master circular consolidates regulatory rules on PPMs, leverage limits, overseas investment and reporting. Master Circular consolidates operative AIF circulars into a single framework, rescinds listed circulars with savings, mandates online filings and PPM templates with merchant-banker due diligence, prescribes investor eligibility and accreditation, sets Category III leverage and liquidity norms with breach and reporting procedures, governs overseas investment allocation and reporting, details CDS and RFQ trading conditions, and consolidates governance, disclosure, reporting, benchmarking, investor charter and change-of-sponsor/manager approval and fee requirements.
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Alternative Investment Funds master circular consolidates regulatory rules on PPMs, leverage limits, overseas investment and reporting.
Master Circular consolidates operative AIF circulars into a single framework, rescinds listed circulars with savings, mandates online filings and PPM templates with merchant-banker due diligence, prescribes investor eligibility and accreditation, sets Category III leverage and liquidity norms with breach and reporting procedures, governs overseas investment allocation and reporting, details CDS and RFQ trading conditions, and consolidates governance, disclosure, reporting, benchmarking, investor charter and change-of-sponsor/manager approval and fee requirements.
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