https://www.taxtmi.com/notifications?id=133407 The amendment strengthens regulation of investment advisers by defining key terms (including assets under advice, persons associated with investment advice, and principal officer), imposing minimum qualification, experience and certification requirements for individual advisers, principal officers and all client-facing persons, prescribing networth thresholds for non-individuals and individuals with transitional compliance periods, mandating client-level segregation between advisory and distribution activities at family and group levels, and restricting implementation services to direct products without any direct or indirect consideration while updating application forms and disclosure requirements. en-us Fri, 03 Jul 2020 00:00:00 +0530 Sat, 04 Jul 2020 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133407 The amendment strengthens regulation of investment advisers by defining key terms (including assets under advice, persons associated with investment advice, and principal officer), imposing minimum qualification, experience and certification requirements for individual advisers, principal officers and all client-facing persons, prescribing networth thresholds for non-individuals and individuals with transitional compliance periods, mandating client-level segregation between advisory and distribution activities at family and group levels, and restricting implementation services to direct products without any direct or indirect consideration while updating application forms and disclosure requirements. Notifications SEBI Fri, 03 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133407