Regulatory Alerts2025-12-30
Certification requirement for Compliance Officers of Managers of AIFs
The Securities and Exchange Board of India mandates that Managers of Alternative Investment Funds appoint Compliance Officers who hold the NISM Series-III-C certification. This requirement becomes effective from January 1, 2027, prohibiting the appointment or continuation of uncertified individuals in these roles. AIF trustees, sponsors, and managers must also ensure their Compliance Test Reports reflect adherence to this new circular.
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