Sebi likely to relax AIF norms
Financial Express Hyderabad|December 18, 2024
Participants asked to adopt accredited investors concept
AKSHATA GORDE

The Securities and Exchange Board of India (Sebi) may relax regulations for alternative investment funds (AIF) as recent regulatory measures have reassured the watchdog about reduced circumvention practices, according to Sebi whole-time member Ananth Narayan.

Speaking at the CII AIF Summit, Narayan said, "Now that we have these checks and balances in place, I think some of the regulatory restrictions that we put in earlier because we were afraid of circumventions can now be relaxed."

Earlier this year, the regulator had tightened regulations governing the due diligence of AIFs after it uncovered that some of these funds were being structured to bypass certain financial sector regulations, including those of IBC, FEMA, and RBI.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 18, 2024 من Financial Express Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS HYDERABAD مشاهدة الكل
Financial Express Hyderabad

IIT-Madras to offer fine arts, culture courses

In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

The world's busiest airline routes in 2024 are largely in Asia

Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

Not even 2% work-linked higher education courses yet: Report

EVEN AS ASSORTED government schemes are a national skill mission aiming to make India's workforce more employable, the latest TeamLease EdTech survey has revealed that barely 2% of the higher education institutions (HEIs) in the country are offering degrees that are work-linked.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

Indian firms use euro, yen swaps

MOREOVER, EXPECTATIONS OF dollar strengthening further have also prompted Indian firms to opt for cross-currency pairs other than USD-INR.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

EPFO weighs higher equity investments

IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.

time-read
2 mins  |
December 18, 2024
Financial Express Hyderabad

China plans record budget deficit of 4% of GDP in 2025

New plan compares with an initial target of 3% of 2024 GDP

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

Trudeau govt adrift after FM quits, Trump tariffs loom

THE ABRUPT RESIGNATION of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.

time-read
1 min  |
December 18, 2024
Financial Express Hyderabad

Markets slump over 1%

ALL MAJOR ASIAN markets ended in the red on Tuesday, a day ahead of the US Federal Reserve's meeting outcome.

time-read
1 min  |
December 18, 2024