Certification requirement for AIF managers' key investment team extended, providing additional time for mandatory NISM compliance. The AIF regulatory framework mandates that the key investment team of an AIF Manager include at least one person holding the prescribed NISM certification. SEBI has extended the timeline for obtaining the NISM Series-XIX-C certification for applicable existing and pending AIF schemes, with the extension taking immediate effect to facilitate compliance.
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Certification requirement for AIF managers' key investment team extended, providing additional time for mandatory NISM compliance.
The AIF regulatory framework mandates that the key investment team of an AIF Manager include at least one person holding the prescribed NISM certification. SEBI has extended the timeline for obtaining the NISM Series-XIX-C certification for applicable existing and pending AIF schemes, with the extension taking immediate effect to facilitate compliance.
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