Suo Motu PIL Initiated by Telangana HC on Sr. Advocate’s Letter Alleging Handcuffing of Accused  ||  Del. HC: Only Persons Holding BAMS/BUMS Degree Have Right to Obtain Ayur. Medical Pract. License  ||  Del. HC: SOPs to be Followed by Colleges During Events, Framed by Delhi Police  ||  SC: Idea of Punishment is Not to Keep Prisoners in Difficult, Overcrowded Prisons  ||  SC: IMA Cautioned With Regard to Unethical Practices by its Members  ||  Kar. HC: Serious Stigma May be Caused on Person’s Character by Pre-Trial Detention  ||  Del. HC: Panel Lawyer of DSLSA is Not an Employee, Can’t be Entitled to Maternity Benefit  ||  Del. HC: Record Rooms of District Courts in Grim Situation, Record to be Weeded Out Efficiently  ||  Supreme Court Expresses Disappointment Over Inadequate Implementation of RPwD Act, 2016  ||  24,000 Teaching and Non-Teaching Jobs Invalidated by Calcutta High Court    

Grant of recognition to CDSL Ventures Limited as an accreditation agency- (Securities and Exchange Board of India) (12 Jan 2022)

MANU/SPRL/0001/2022

Capital Market

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on November 09, 2021] SEBI (Portfolio Managers) Regulations, 2020 [Last amended on November 09, 2021] and SEBI (Investment Advisers) Regulations, 2013 [Last amended on August 03, 2021] were notified on August 03, 2021 to introduce framework for "Accredited Investors" in the Indian Securities Market. Pursuant to SEBI Circular dated August 26, 2021 on modalities for implementation of the framework for Accredited Investors, applications have been received from entities for recognition as Accreditation Agency, which shall issue Accreditation certificate to the investors seeking accreditation.

Post examination of their application, CDSL Ventures Limited (CVL), a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL) has been granted recognition as an Accreditation Agency under Regulation 2(1) (aa) of SEBI (Alternative Investment Funds) Regulations, 2012 read with SEBI circular dated August 26, 2021, for a period of three years with effect from February 01, 2022. The renewal of the recognition would be subject to satisfactory performance by CVL.

The procedure for accreditation of an investor and verification of accreditation status of an investor by investment providers (viz. Alternative Investment Funds, Portfolio Managers and, Investment Advisers) and other modalities along with relevant circulars shall be displayed on the website of CDSL and CVL.

Tags : RECOGNITION   GRANT   ACCREDITATION AGENCY  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved