https://www.taxtmi.com/acts?id=55034 An FME under a third-party fund management arrangement must appoint a dedicated Principal Officer for each scheme, responsible for fund management, risk management and compliance. Non-Retail FMEs may use an existing Compliance Officer for third-party managed schemes, while Retail FMEs must keep Retail Scheme compliance oversight separate from Non-Retail Scheme oversight. Third-party managed scheme assets under management count towards additional KMP requirements, excluding fund of funds schemes. en-us Fri, 11 Sep 2026 17:58:32 +0530 Fri, 11 Sep 2026 17:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55034 An FME under a third-party fund management arrangement must appoint a dedicated Principal Officer for each scheme, responsible for fund management, risk management and compliance. Non-Retail FMEs may use an existing Compliance Officer for third-party managed schemes, while Retail FMEs must keep Retail Scheme compliance oversight separate from Non-Retail Scheme oversight. Third-party managed scheme assets under management count towards additional KMP requirements, excluding fund of funds schemes. Act-Rules Indian Laws Fri, 11 Sep 2026 17:58:32 +0530 https://www.taxtmi.com/acts?id=55034