SEBI extends timelines to conduct annual compliance audit by investment advisors

SEBI has extended the timeline to conduct annual compliance audit by investment advisors by 3 months. SEBI had received representations from Investment Advisers (IAs ) seeking extensions due to the Covid -19 pandemic. For the financial year ending March 31, 2021, IAs are now required to conduct the annual compliance audit by December 31, 2021, Also, the date for obtaining a certificate from an auditor has been extended till December 31, 2021SEBI has extended the timeline to conduct annual compliance audit by investment advisors by 3 months. SEBI had received representations from Investment Advisers (IAs ) seeking extensions due to the Covid -19 pandemic. For the financial year ending March 31, 2021, IAs are now required to conduct the annual compliance audit by December 31, 2021, Also, the date for obtaining a certificate from an auditor has been extended till December 31, 2021taxmann.com Latest Statutory HappeningsRead More

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