https://www.taxtmi.com/circulars?id=66573 Trustees must exercise independent due diligence on core responsibilities including fairness of AMC fees, scheme performance review, systems to prevent mis selling and valuation issues, prevention of undue influence by sponsors/associates, avoidance of unfair advantage to group entities, management of conflicts between AMC stakeholders and unitholders, and controls against misconduct and market abuse; Trustees must obtain system based exception reports and automated alerts from AMCs, independently evaluate compliance, and review remediation for incomplete or outdated KYC attributes. en-us Fri, 07 Jul 2023 00:00:00 +0530 Fri, 07 Jul 2023 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66573 Trustees must exercise independent due diligence on core responsibilities including fairness of AMC fees, scheme performance review, systems to prevent mis selling and valuation issues, prevention of undue influence by sponsors/associates, avoidance of unfair advantage to group entities, management of conflicts between AMC stakeholders and unitholders, and controls against misconduct and market abuse; Trustees must obtain system based exception reports and automated alerts from AMCs, independently evaluate compliance, and review remediation for incomplete or outdated KYC attributes. Circulars SEBI Fri, 07 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66573