PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
Compliance officer appointment requires independent regulatory monitoring, investor grievance redressal, eligibility compliance, and direct reporting of non-compliance. Portfolio managers must appoint a compliance officer responsible for monitoring adherence to the Act and applicable notifications, guidelines and ... Summary
Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
Compliance officer appointment requires independent regulatory monitoring, investor grievance redressal, eligibility compliance, and direct reporting of non-compliance.
Portfolio managers must appoint a compliance officer responsible for monitoring adherence to the Act and applicable notifications, guidelines and instructions, and for redressal of investor grievances. Eligibility is subject to Board specifications. The role cannot be assigned to the principal officer or the specified employee, and the compliance officer must immediately and independently report observed non-compliance to the Board.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.