Appointment of Principal Officer, Compliance Officer and other human resources

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.... shall designate a principal officer and a separate compliance officer based out of IFSC. (2) A capital market intermediary shall ensure that the principal officer and the compliance officer meet the following educational qualification requirements: (a) A professional qualification or post-graduate degree or post graduate diploma (minimum one year in duration) in finance, law, accounta....

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....ualification of Bachelor of Law from a university, or an institution recognised by the Central Government or any State Government or a recognised foreign university or institution or association is also eligible for appointment as a compliance officer: Provided further that, in respect of a principal officer of a distributor or an investment adviser or a research entity, a graduate d....

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....ears in the financial services market: Provided that a person having a work experience of at least one year in ESG related activities may also be eligible for appointment as principal officer of an ERDPP. (b) A compliance officer shall have an experience of at least two years in the financial services market: Provided that the work experience in any other field shall b....

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....ed by the Authority. (6) A CMI shall have adequate manpower commensurate with its business activities in an IFSC. (7) The principal officer shall be responsible for the overall operations undertaken by the CMI and shall also ensure that other employees of the CMI comply with the obligations under these regulations. (8) Where an entity has multiple registrations under these regulations, th....