https://www.taxtmi.com/highlights?id=82660 This circular amends certain provisions related to compliance requirements for non-individual investment advisers. Firstly, it allows non-individual investment advisers to obtain an annual compliance certificate from any auditor, instead of a statutory auditor, confirming adherence to client-level segregation norms mandated by Regulation 22 of the Investment Advisers Regulations. Secondly, it grants a 30-day period from the end of each half-yearly reporting period for investment advisers to submit periodic reports to the Investment Adviser Administration and Supervisory Body. The circular cites ease of doing business and recommendations of a working group as rationales for these amendments. It directs the supervisory body to notify advisers..... en-us Mon, 28 Oct 2024 16:49:27 +0530 Mon, 28 Oct 2024 16:49:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=82660 This circular amends certain provisions related to compliance requirements for non-individual investment advisers. Firstly, it allows non-individual investment advisers to obtain an annual compliance certificate from any auditor, instead of a statutory auditor, confirming adherence to client-level segregation norms mandated by Regulation 22 of the Investment Advisers Regulations. Secondly, it grants a 30-day period from the end of each half-yearly reporting period for investment advisers to submit periodic reports to the Investment Adviser Administration and Supervisory Body. The circular cites ease of doing business and recommendations of a working group as rationales for these amendments. It directs the supervisory body to notify advisers..... Highlights SEBI Mon, 28 Oct 2024 16:49:27 +0530 https://www.taxtmi.com/highlights?id=82660