The SEBI has issued framework for administration and supervision of Investment Advisers under the SEBI (IA) Regulations, 2013 wherein norms related to membership, payment of fee, and reporting has been discussed. Furthermore, In order to ensure compliance with Regulation 6 n of the IA Regulations and to keep their registration in force, existing IAs shall seek membership of IAASB in such manner as may be specified by the IAASB, within three months of the recognition of IAASB by SEBI.The SEBI has issued framework for administration and supervision of Investment Advisers under the SEBI (IA) Regulations, 2013 wherein norms related to membership, payment of fee, and reporting has been discussed. Furthermore, In order to ensure compliance with Regulation 6 n of the IA Regulations and to keep their registration in force, existing IAs shall seek membership of IAASB in such manner as may be specified by the IAASB, within three months of the recognition of IAASB by SEBI.taxmann.com Latest Statutory HappeningsRead More
