Regulatory Alerts2025-01-08
SEBI Guidelines for Research Analysts
The Securities and Exchange Board of India issued guidelines to enforce the 2024 amendments to the Research Analyst Regulations, requiring compliance with updated qualification, deposit, and operational standards. The document mandates specific deposit tiers based on client numbers, introduces fee ceilings for individual clients, and establishes strict segregation between research and distribution activities. Additionally, it outlines new requirements for part-time analysts, AI tool disclosures, model portfolio recommendations, and enhanced KYC and audit obligations.
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