Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
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SEBI has issued a circular specifying a standardized format for periodic reporting by Investment Advisers (IAs) u/s 15(12) of the SEBI (Investment Advisers) Regulations, 2013. The Investment Advisers Administration and Supervisory Body (IAASB) will administer and supervise these reports u/s 14 of the IA Regulations. IAs must submit half-yearly reports ending on September 30 and March 31. The first report for the period ending March 31, 2024, is due within fifteen days of the IAASB circular, and subsequent reports are due within seven working days post-period. This circular is effective immediately and issued u/s 11(1) of the SEBI Act, 1992.
SEBI has issued a circular specifying a standardized format for periodic reporting by Investment Advisers (IAs) u/s 15(12) of the SEBI (Investment Advisers) Regulations, 2013. The Investment Advisers Administration and Supervisory Body (IAASB) will administer and supervise these reports u/s 14 of the IA Regulations. IAs must submit half-yearly reports ending on September 30 and March 31. The first report for the period ending March 31, 2024, is due within fifteen days of the IAASB circular, and subsequent reports are due within seven working days post-period. This circular is effective immediately and issued u/s 11(1) of the SEBI Act, 1992.
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