Certification requirement for Compliance Officers of Managers of AIFs

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....1. In terms of Regulation 20(17) of SEBI (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations"), the Manager shall appoint a Compliance Officer who shall be responsible for monitoring compliance with the provisions of the Act, rules and regulations, notifications, circulars, guidelines, instructions or any other directives issued by the Board. Further, in terms of Regulation 20(18) o....

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....d as or shall continue to act as compliance officer of managers of AIFs. 3. The trustee/sponsor/manager of AIF, as the case may be, shall ensure that the 'Compliance Test Report' prepared by the manager in terms of para 15.2 of SEBI Master Circular No. SEBI/HO/AFD-1/AFD-1-PoD/P/CIR/2024/39 dated May 07, 2024, includes compliance with the provisions of this circular. 4. This circular shall co....