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NOTIFICATION SEBI/LAD-NRO/GN/2024/175, DATED 13-05-2024

May 14, 2024

SEBI notifies May 10, 2024 as effective date for enforcement of norms w.r.t eligibility criteria for AIF Manager
Editorial Note : SEBI has notified May 10, 2024, as effective date for enforcement of regulation 3(III) of SEBI (AIF) Regulations, 2023. This regulation deals with provisions w.r.t eligibility criteria for AIF manager. It states that key investment team of AIF Manager must have at least one key personnel with relevant certification as specified by the Board. Also, a fresh certification must be obtained before the expiry of validity of the existing certification to ensure continuity with these requirements.

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