Financial regulators join hands to prevent people from investing in Ponzi schemes
RBI, SEBI, IRDAI, PFRDA and other regulators have jointly launched a website on which people can check if the company in which they are investing is registered and permitted to accept deposits.
by Nishant Patnaik Sep 3, 2016
Don’t close non-FATCA compliant accounts: MoF
There will be no impact on the accounts opened between from 1 July, 2014 to 31 August, 2015.
by Ravi Samalad Aug 31, 2016
IFAs can earn upto 1% commission on fifth tranche of sovereign gold bond scheme
IFAs can distribute such bonds through stock exchange platforms like NSE NMFII and BSE Star MF.
by Nishant Patnaik Aug 31, 2016
MF industry awaits CBDT go ahead on freezing non-compliant FATCA accounts
The industry is hopeful that the CBDT will allow fund houses to freeze non-FATCA accounts rather than enforcing redemption.
by Ravi Samalad Aug 29, 2016
SEBI releases FAQs on AIFs
Here are some the important highlights from the AIF FAQs released by SEBI.
by Team Cafemutual Aug 25, 2016
AMFI board could see changes in its forthcoming AGM
One-third of AMFI board is due to retire by next AGM though they are also eligible for re-election.
by Ravi Samalad & Nishant Patnaik Aug 24, 2016
AMFI may approach government on GST
PwC has offered to assist AMFI in conducting an impact assessment of GST.
by Nishant Patnaik Aug 24, 2016
AMFI constitutes a group to discuss possibility of selling stake in MF Utility to BSE
A four-member group is expected to conduct in-depth assessment of BSE’s proposal to buy stake in MF Utility.
by Nishant Patnaik Aug 23, 2016
Now, a marketplace for IFAs to buy and sell their advisory business
This marketplace will help IFAs to monetise the value of their business that they have built over the years.
by Nishant Patnaik Aug 19, 2016
AMFI to rerun its diversification campaign
The commercials which were aired by AMFI last year will be rerun on TV and radio this week.
by Ravi Samalad Aug 16, 2016
AMFI considering using part of IAP corpus for new distributor enrollment
However, this would require a clarification from SEBI.
by Ravi Samalad Aug 12, 2016
MF distributors can now register online on BSE StAR MF platform
This service has started from yesterday.
by Team Cafemutual Aug 12, 2016
SEBI hikes exposure limit to housing finance companies for debt funds to 10%
The market regulator has allowed AMCs to increase exposure in housing finance companies (HFCs) from 5% to 10% of the net assets of the scheme.
by Nishant Patnaik Aug 10, 2016
Ensure AMCs vote in investee companies, SEBI tells AMC trustees
AMCs will have to obtain a certification from a scrutinizer on the votes cast by them in investee companies on behalf of investors.
by Team Cafemutual Aug 10, 2016