SEBI comes up with modalities for implementation of framework for accredited investors

The SEBI has issued detailed modalities for implementation of the accredited investors (AIs), framework. The guidelines prescribes eligibility criteria for AIs, procedure as well as validation for accreditation, procedure to avail benefits linked to accreditation and flexibility to investors to withdraw consent. Under the framework AIs may avail flexibility in minimum investment amount or concessions from specific regulatory requirements applicable to investment products.The SEBI has issued detailed modalities for implementation of the accredited investors (AIs), framework. The guidelines prescribes eligibility criteria for AIs, procedure as well as validation for accreditation, procedure to avail benefits linked to accreditation and flexibility to investors to withdraw consent. Under the framework AIs may avail flexibility in minimum investment amount or concessions from specific regulatory requirements applicable to investment products.taxmann.com Latest Statutory HappeningsRead More

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