Latest Updates Around The World
Markets regulator Sebi has rolled out a new framework to make it easier for Alternative Investment Funds (AIFs) to create a special class of schemes meant only for accredited investors and by giving more relaxations to Large Value Funds (LVFs). The latest rules take effect immediately.Under the new rules, AIFs can launch ‘AI-only’ schemes that […]
Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) businesses after regulatory approval. In a circular today, the market watchdog said the initiative is part of its broader efforts to promote ease of doing business and simplify compliance across the capital market ecosystem. Under the new […]
Capital markets Regulator Securities and Exchange Board of India (Sebi) simplified the process of transferring the effects of a candidate to a legal heir on Friday. In a circular issued today, Sebi has instructed the reporting entities for the use of reason code ‘Ie’ transmission to legal heirs’ while the transfer of the effects of […]
Market regulator Securities and Exchange Board of India (Sebi) On Friday, investors warned against manufactured communication sent by scammers disguised as SEBI officials. The fraudulent communication are looking for payments on behalf of SEBI. “Sebi has noticed several cases in the implication of identities of Sebi officials, various offices of Sebi and E -mail -IDs […]
