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.
Bu hikaye Financial Express Bengaluru dergisinin December 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Bengaluru dergisinin December 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
AI chatbots & their bias towards women
A new study also finds AI bots are overly empathetic
India's 2036 Olympics bid a shot at boosting infra: Expert
INDIA'S BID TO host the 2036 Olympic Games is a massive opportunity to \"turbo-charge\" investment in its infrastructure but it must ensure the benefits are shared across local communities, a sports governance expert said.
How art is shaping spaces & structures
EJA GAVANKAR PRACTISES the art of turning the familiar into sites of introspection, unlocking the extraordinary in the everyday.
If serious about peace, sign ceasefire: Starmer to Putin
BRITISH PRIME MINISTER Keir Starmer said European nations and Western allies were stepping up preparations to support Ukraine in the event a peace deal was struck with Russia, with defence chiefs to firm up \"robust plans\" next week and urged Russian President Vladimir Putin to sign up to a ceasefire in its war against Ukraine now, if he is \"serious about peace\".
Visa revoked by Trump, Indian PhD student at Columbia self-deports
The scholar entered the US on an F-1 student visa
Prepare to deal with dealmaker
If US President Donald Trump starts a tariff war, it will upend rule-based world trade and India's economy will be ruined. Like Germany and France have realised, India must fend for itself
30% Govt Law Officers Must Be Women: Justice Nagarathna
SUPREME COURT JUDGE Justice B.V. Nagarathna on Saturday hailed the reservation for women in gram panchayats and asserted that at least 30% of law officers representing the Union and state governments must be women.
Driverless Minibus Tested in Barcelona
COMMUTERS IN DOWNTOWN Barcelona have been able to ride the bus for free this week.
With Trump's zigzag actions on trade, escalation appears to be toast of the day
A GOBSMACKED PLANET is wondering what's next from President Donald Trump on the tariff spree he's set in zigzag motion.
Returning to your roots
Annie Zaidi's latest elicits nostalgia for the people and places you've left behind
