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  • News From Press MFs, AMCs get more time to submit applications for empanelment of auditors

    MFs, AMCs get more time to submit applications for empanelment of auditors

    Source: Business Standard Mar 8, 2023

    Capital markets regulator Sebi on Tuesday extended time till March-end for submission of applications for empanelment of forensic auditors for mutual funds, asset management companies (AMCs) and trustee entities.

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    1 Comment
    Prashant · 1 year ago `
    It seems that SEBI wants to do an eyewash job as they are openly saying that they want to do forensic audit and giving AMCs ample time to remove any proof of wrongdoings if they have done any. It also seems that they want their own people to do this so that they can hide any adverse findings and complete the whole audit under wraps. We can't trust SEBI with all these. They started audit of Adani also after such a long time after pressure from people and international media(As most of our media are either sold out or under pressure ) and the government wanted to give details to supreme court in sealed cover. Zero transparency is the mantra of the government when it comes to their work. But they want to track each and every transaction of smallest person.

    Shame on the government
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