Regulatory Alerts2026-01-09
Simplification of requirements for grant of accreditation to investors
The Securities and Exchange Board of India (SEBI) has issued a circular to simplify the accreditation process for investors in Alternative Investment Funds (AIFs). The regulator permits investment managers to execute contribution agreements and initiate operational procedures before receiving the final accreditation certificate, provided that funds are received only after certification and commitments are excluded from scheme corpus calculations. Additionally, SEBI has removed the mandatory requirement for a detailed net worth break-up annexure and clarified that specifying the actual net worth value in the certificate is optional for chartered accountants.
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