regulatory compliance

SEBI introduces Specialised Investment Funds for wealthier investors with minimum Rs 10 lakh investment

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SEBI introduces Specialised Investment Funds for wealthier investors with minimum Rs 10 lakh investment

The Securities and Exchange Board of India (SEBI) has introduced a new investment category dubbed the ‘specialised investment fund’ (SIF) designed for wealthier investors. This initiative, effective from April 1, requires a minimum investment of Rs 10 lakh. SEBI’s move aims to cater to investors with higher risk appetites while providing asset managers with over … Read more

Sebi outlines specific due diligence of investors, investments of AIFs

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Sebi outlines specific due diligence of investors, investments of AIFs

Markets watchdog Sebi on Tuesday directed Alternative Investment Funds and their managers to exercise specific due diligence with respect to investors and investments in a bid to prevent circumvention of various laws and ensure compliance with regulatory frameworks. In its circular, Sebi said that AIFs, their managers, and key personnel are required to conduct the … Read more