Sebi likely to relax AIF norms
Financial Express Pune|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.

Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Pune.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Pune.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS PUNEAlle anzeigen
Financial Express Pune

IIT-Madras to offer fine arts, culture courses

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 Pune

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

EDUCATION-INDUSTRY MISMATCH

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

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 Pune

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan has proposed a similar framework for holding important national entrance tests to ensure transparency.

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

Siddique murder: Court sends accused to police custody till Dec 20

A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.

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

DPIIT inks pact with HDFC Bank

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

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

PM: Cong fanned water disputes among states

Prime Minister Narendra Modi on Tuesday said all homes in Rajasthan will soon have tap water, attacking the Congress party over water disputes between states.

time-read
2 Minuten  |
December 18, 2024
Financial Express Pune

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 Pune

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 Pune

KYC masking to go live on Jan 20

DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS

time-read
1 min  |
December 18, 2024