SEBI Circular: Revised Reporting Format for Regulatory Compliance of AIFs Introduction This circular pertains to the regulatory reporting requirements for Alternative Investment Funds (AIFs) as specified in Regulation 28 of SEBI (AIF) Regulations, 2012, and Clause 15.1 of SEBI Master Circular for AIFs, dated July 31, 2023. AIFs are mandated to submit quarterly reports to SEBI, highlighting their activities in the prescribed format. Collaboration and Enhanced Compliance Standards To ensure uniform compliance standards and enhance […]

UDGAM Portal: Search and Claim Unclaimed Deposits from 30 Banks Introduction UDGAM Portal The Reserve Bank of India (RBI) has introduced the UDGAM (Unclaimed Deposits – Gateway to Access information) portal, which allows individuals to easily search and claim their unclaimed deposits. With the recent addition, a total of 30 banks are now onboarded on the UDGAM portal, making it a comprehensive platform for accessing information on unclaimed deposits. This initiative by the RBI aims […]

SEBI Forms Working Groups to Streamline Market Regulations Introduction – SEBI Market Regulations In a recent statement, the Securities and Exchange Board of India SEBI Market Regulations announced the formation of several working groups with the aim of simplifying various regulations under its purview. This move comes in response to the government’s commitment, as stated in the Union Budget, to review existing financial sector regulations and make them more streamlined and efficient. The objective is […]

Financial Conduct Authority (FCA) Seizing Business Opportunities through Enhanced Fund Managers’ Value Assessments Introduction The Financial Conduct Authority (FCA) recently conducted a review of fund managers’ value assessments and identified areas that need improvement. While many firms have implemented good practices, there are still opportunities for growth and development within the industry. In this blog post, we will explore the business opportunities that arise from the FCA’s findings and how fund managers can seize these […]

Creating Business Opportunities Through Enhanced Regulation: SEC New Rules for Private Fund Advisers. Introduction The United States Securities and Exchange Commission (SEC) has recently adopted new rules and amendments aimed at enhancing the regulation of private fund advisers. These measures are designed to protect private fund investors by increasing transparency, competition, and efficiency within the private funds market. Creating Business Opportunities Through Enhanced Regulation: SEC New Rules for Private Fund Advisers we will explore the […]