Sebi extends deadline of certification requirement for AIF managers to Jul 31

SEBI Update - Extension of timeline for complying with the certification requirement for the key investment team of the Manager of AIF (Applicable - All Alternative Investment Funds) - Mehta & Mehta

SEBI has extended the timeline for compliance with NISM certification requirements of the key investment team of AIF managers from May 9 to July 31. According to AIF regulations, at least one member of the key investment team of an AIF is required to pass the NISM Series-XIX-C: Alternative Investment Fund Managers Certification Examination. Earlier, the regulator had asked AIFs with pending applications as on May 10,2024 to comply with this cert…

Sebi extends deadline of certification requirement for AIF managers to Jul 31

New Delhi, May 13 (PTI) Markets regulator Sebi on Tuesday extended the deadline to July 31 for the certification requirement for Alternative Investment Fund (AIF) managers.Under the rules, the key investment team of an AIF manager is required to have at least one member certified as specified by Sebi.From May 10, 2024, the required certification is the NISM Series-XIX-C: AIF managers certification examination.Earlier, Sebi allowed existing AIF s…