Professional qualification and certification requirements updated for portfolio managers, including mandatory renewal of NISM certification for continuity. Amendments expand acceptable credentials under Regulation 7(2)(d)(i) to include a professional qualification in finance, law, accountancy or business management from a recognized institution, a one-year Post Graduate Program in Securities Market (Portfolio Management) from NISM, or a CFA charter; replace certain punctuation with colons; require obtaining a fresh NISM certification before expiry to maintain compliance; and amend the first proviso to Regulation 7(2)(e) to add 'certification' alongside minimum qualifications and experience.
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Professional qualification and certification requirements updated for portfolio managers, including mandatory renewal of NISM certification for continuity.
Amendments expand acceptable credentials under Regulation 7(2)(d)(i) to include a professional qualification in finance, law, accountancy or business management from a recognized institution, a one-year Post Graduate Program in Securities Market (Portfolio Management) from NISM, or a CFA charter; replace certain punctuation with colons; require obtaining a fresh NISM certification before expiry to maintain compliance; and amend the first proviso to Regulation 7(2)(e) to add "certification" alongside minimum qualifications and experience.
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