The Securities and Exchange Board of India (SEBI) on October 10, 2023, issued an Extension in timeline for compliance with qualification and experience requirements under Regulation 7(1) of SEBI (Investment Advisers) Regulations, 2013.
The following has been stated namely: -
• Regulation 7 of SEBI (Investment Advisers) Regulations, 2013, as amended vide SEBI (Investment Advisers) (Amendment) Regulations, 2020, specifies the qualification and experience requirements for investment advisers.
• It is now specified that the timeline to comply with the enhanced qualification and experience requirements is extended to September 30, 2025.
[Notification No. SEBI/HO/MIRSD/MIRSD-PoD-2 /P/CIR/2023/168]
