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    <title>Relaxed NISM certification for non-core investment advice staff, with lighter exam and transition for existing holders.</title>
    <link>https://www.taxtmi.com/highlights?id=101144</link>
    <description>PAIA performing only sales and other non-core services, such as sales staff and relationship managers who are not directly involved in investment advice, must obtain a lighter NISM certification by passing the NISM Series-XXV-B examination. PAIA other than those performing only sales and other non-core services must continue to pass the existing NISM Series-X-A and Series-X-B examinations. PAIA who already hold the Series-X-A and Series-X-B certifications are not required to take Series-XXV-B immediately and may do so only before expiry of the existing certifications. The circular takes immediate effect and requires IAASB to amend relevant bye-laws and rules for implementation.</description>
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    <pubDate>Fri, 26 Jun 2026 19:03:28 +0530</pubDate>
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      <title>Relaxed NISM certification for non-core investment advice staff, with lighter exam and transition for existing holders.</title>
      <link>https://www.taxtmi.com/highlights?id=101144</link>
      <description>PAIA performing only sales and other non-core services, such as sales staff and relationship managers who are not directly involved in investment advice, must obtain a lighter NISM certification by passing the NISM Series-XXV-B examination. PAIA other than those performing only sales and other non-core services must continue to pass the existing NISM Series-X-A and Series-X-B examinations. PAIA who already hold the Series-X-A and Series-X-B certifications are not required to take Series-XXV-B immediately and may do so only before expiry of the existing certifications. The circular takes immediate effect and requires IAASB to amend relevant bye-laws and rules for implementation.</description>
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      <pubDate>Fri, 26 Jun 2026 19:03:28 +0530</pubDate>
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