SC: NDPS Disposal Rules Do Not Prevent Interim Release of Seized Vehicle to Innocent Owner  ||  SC: Police Can Register FIR for Threatening Witness under S.195A IPC Without Court Complaint  ||  Supreme Court: Pre-Litigation Mediation Not Required for Cases of Continuing IPR Infringement  ||  Madras HC: Customs Brokers’ Offence Report Need Not Be Penal; 90-Day Period Starts on Receipt  ||  Delhi HC: Police Evidence Valid Even if Narcotics Search and Seizure Were Not Videographed  ||  Orissa HC: Court Must Pass Decree Based on Mediation Report Once Dispute is Referred to Mediation  ||  Delhi HC: Employees Strictly Liable to Return Company Property Upon Termination of Employment  ||  Delhi HC: Cheques Issued Solely as Security Cannot be Encashed for Any Existing Debt  ||  Delhi HC: Changing POCSO Victim’s Clothes Before Medical Examination Does Not Affect Evidence  ||  Delhi HC: Legal Heirs Can Seek Impleadment in Pending Appeals under FEMA    

Grant of recognition to NSDL Database Management Limited (NDML) as an accreditation agency- (Securities and Exchange Board of India) (10 May 2022)

MANU/SPRL/0017/2022

Capital Market

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on March 16, 2022] 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, NSDL Database Management Limited (NDML), a wholly owned subsidiary of National Securities Depository Limited (NSDL) 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 May 10, 2022. The renewal of the recognition would be subject to satisfactory performance by NDML.

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 NSDL and NDML.

Tags : GRANT   RECOGNITION   NSDL  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved