https://www.taxtmi.com/news?id=20426 Proposed amendments impose fiduciary obligations on non registered entities performing third party assignments under securities laws, defining fiduciary to include professionals such as chartered accountants and valuers, and requiring that certificates and reports they issue be true in all material respects. The paper provides that the Board, after inquiry or investigation, may take regulatory actions if a fiduciary submits false reports or violates SEBI regulations, including directions, adjudication for penalties and prosecution, thereby enhancing accountability and compliance by such fiduciaries. en-us Sat, 11 Aug 2018 13:44:44 +0530 Sat, 11 Aug 2018 13:44:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20426 Proposed amendments impose fiduciary obligations on non registered entities performing third party assignments under securities laws, defining fiduciary to include professionals such as chartered accountants and valuers, and requiring that certificates and reports they issue be true in all material respects. The paper provides that the Board, after inquiry or investigation, may take regulatory actions if a fiduciary submits false reports or violates SEBI regulations, including directions, adjudication for penalties and prosecution, thereby enhancing accountability and compliance by such fiduciaries. News - Sat, 11 Aug 2018 13:44:44 +0530 https://www.taxtmi.com/news?id=20426