TaxTMI 
TaxTMI 
Framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers) Regulations, 2013
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.... Dear Sir / Madam, Subject: Framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers) Regulations, 2013 1. As per Regulation 14 of the SEBI (Investment Advisers) Regulations 2013 ("IA Regulations"), SEBI may inter-alia recognize any body or body corporate for the purpose of regulating Investment Advisers ("IA") and delegate administration and s....
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.... provides a link for the Standard Operating Procedure (SOP) and the Frequently Asked Questions (FAQs) issued by BASL. 3. IAASB shall inter-alia have following responsibilities: i. Supervision of IAs including both on-site and offsite ii. Grievance redressal of clients and IAs iii. Administrative action including issuing warning and referring to SEBI for enforcement ac....
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....ek membership of IAASB in such manner as may be specified by the IAASB, within three months of the recognition of IAASB by SEBI. ii. Payment of fees a. The fees payable to SEBI has been modified by way of amendment to IA Regulations, with effect from April 01, 2021, details of the same are available at https://www.sebi.gov.in/legal/regulations/jan-2021/securities-and-exchange-boa....
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....nition of IAASB, may be referred. iii. Reporting All SEBI registered IAs shall submit periodic reports to IAASB in such manner as may be specified by IAASB. 7. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 14(2) of the IA Regulations to protect the interests of investors ....