https://www.taxtmi.com/acts?id=35408 Regulation 14 mandates a written contractual agreement between portfolio manager and client before managing funds, specifying investment objectives, restrictions, instruments, tenure, withdrawal and termination terms, risks, fees (including for outsourced services), custody, audit and reporting terms, and a liability cap for discretionary mandates. The portfolio manager must deliver a Disclosure Document and Form C before agreement execution; the Disclosure Document must disclose fees, portfolio risks, related party transactions, performance (with a weighted average method for discretionary managers) and audited financials, be certified by an independent chartered accountant, and be filed with the Board before circulation and periodically thereafter. en-us Tue, 22 Jan 2019 15:56:03 +0530 Mon, 13 May 2019 11:18:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35408 Regulation 14 mandates a written contractual agreement between portfolio manager and client before managing funds, specifying investment objectives, restrictions, instruments, tenure, withdrawal and termination terms, risks, fees (including for outsourced services), custody, audit and reporting terms, and a liability cap for discretionary mandates. The portfolio manager must deliver a Disclosure Document and Form C before agreement execution; the Disclosure Document must disclose fees, portfolio risks, related party transactions, performance (with a weighted average method for discretionary managers) and audited financials, be certified by an independent chartered accountant, and be filed with the Board before circulation and periodically thereafter. Act-Rules SEBI Tue, 22 Jan 2019 15:56:03 +0530 https://www.taxtmi.com/acts?id=35408