In line with NISM’s direction, AMFI has given another three month’s relaxation to mutual fund distributors and their employees to renew ARN/EUIN.
AMFI said that ARNs/EUINs which are due for renewal or expiring between March 15 and December 30 can be renewed till December 31. Also, these ARNs/EUINs will continue to remain valid till December 31, 2020.
In a notification, AMFI said, “NISM has announced that the validity of NISM certificates of those who could not appear or attend or enroll for certification examinations or CPE programs and as such, could not renew/ are not in a position to renew their certificates, during the period March 15, 2020 to December 30, 2020 (or time period based on future developments/ the Government directions), shall be extended till December 31, 2020. Accordingly, the validity of ARN (of individual ARN holders) & EUIN which are expiring during the period March 15, 2020 to December 30, 2020, will also stand automatically extended till December 31, 2020, since the validity of ARN (of individual ARN holders) & EUIN are co-terminus with NISM Certification.”
NISM has now resumed both eCPEs and regular CPEs for ARN/EUIN holders. Once you appear for this refresher course, NISM will share a certificate stating that you have successfully completed the mandatory training with AMFI.
The process of ARN/EUIN renewal is completely paperless and based on Aadhaar. Ensure that your Aadhaar is linked with your mobile number to avail this online facility.
