News From Press Sebi asks AIFs to report PPM changes directly to streamline compliance cost

Sebi asks AIFs to report PPM changes directly to streamline compliance cost

Source: ET Apr 30, 2024

To facilitate ease of doing business, Sebi on Monday said certain changes in the private placement memorandum of alternative investment funds can be submitted directly to the regulator rather than through a merchant banker. The move would also rationalise the cost of compliance for alternative investment funds (AIFs).

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