Master Circular for Investment Advisers

May 03, 2026 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE), on April 30, 2026, issued a Master Circular for Investment Advisers (IAs), consolidating all relevant notices and circulars issued by the Exchange up to March 31, 2026.

The circular aims to provide enlisted Investment Advisers with a single, comprehensive reference document covering applicable regulatory, compliance, and operational requirements. It includes multiple annexures such as SOPs, regulatory directions, compliance frameworks, and deposit requirements for Research Analysts/Advisers.

Additionally, a detailed list of circulars issued by the Exchange up to March 31, 2026, has been provided for ease of reference, ensuring better accessibility and streamlined compliance for Investment Advisers.

[Notice No. 20260430-47]


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