Sebi reduces registration fee for investment advisors


2021-01-13 11:43:50

NEW DELHI: Markets regulator Sebi has cut down application and registration fees for individuals and corporates seeking a registered investment advisor status.
Now, individuals and firms (partnership) will have to pay Rs 2,000 while applying for an investment advisor certificate. Earlier, they had to cough up a higher amount of Rs 5,000 as application fee, according to a Sebi notification issued on Monday.
The application fee for corporates including Limited Liability Partnerships (LLPs) has been brought down to Rs 10,000 from Rs 25,000.
At the time of grant of a certificate, individuals and firms will have to shell out a fee of Rs 3,000 and Rs 15,000 by bodies corporate. Earlier, registration fee was Rs 10,000 and Rs 5 lakh for individuals as well as firms and body corporates respectively.
The cut down in fees is expected to help those seeking registration as investment advisors.
The move comes after a series of tightening of norms by the Securities and Exchange Board of India (Sebi) for registered investment advisors.
In September, Sebi came out with detailed guidelines for investment advisers asking them to ensure segregation of advisory and distribution activities at the client level.
Besides, Sebi had fixed a cap on fee that investment advisers (IA) can charge from clients. It had also put in place a procedural framework pertaining to audit and record-keeping.



Source link

75 Comments

  1. MarcosEtess March 5, 2021
  2. WesleyUtiff March 5, 2021
  3. Michaelhom March 8, 2021
  4. Randyabemi March 8, 2021
  5. Michaelhom March 9, 2021
  6. Randyabemi March 9, 2021
  7. Michaelhom March 10, 2021
  8. Michaelhom March 11, 2021
  9. JeffreyGog March 11, 2021
  10. JeffreyGog March 12, 2021
  11. Wayneweday March 12, 2021
  12. Wayneweday March 13, 2021
  13. JeffreyGog March 14, 2021
  14. Wayneweday March 14, 2021
  15. JeffreyGog March 15, 2021
  16. Wayneweday March 15, 2021
  17. JeffreyGog March 16, 2021
  18. Stanleycak March 16, 2021
  19. Ricardomus March 16, 2021
  20. Stanleycak March 17, 2021
  21. Ricardomus March 17, 2021
  22. ThomasHaf March 18, 2021
  23. Ricardomus March 18, 2021
  24. ThomasHaf March 19, 2021
  25. Ricardomus March 19, 2021
  26. ThomasHaf March 20, 2021
  27. Ricardomus March 20, 2021
  28. ElmerJearo March 22, 2021
  29. MarvinHag March 22, 2021
  30. ElmerJearo March 23, 2021
  31. Jasoncok March 25, 2021
  32. MarvinHag March 25, 2021
  33. Jasoncok March 26, 2021
  34. MarvinHag March 26, 2021
  35. MarvinHag March 27, 2021
  36. Jasoncok March 28, 2021
  37. MarvinHag March 28, 2021
  38. Scottrhync March 29, 2021
  39. VictorJonge March 30, 2021
  40. Scottrhync March 31, 2021
  41. VictorJonge March 31, 2021
  42. Scottrhync April 1, 2021
  43. Frankhem April 1, 2021
  44. Scottrhync April 2, 2021
  45. Frankhem April 3, 2021
  46. Scottrhync April 3, 2021
  47. Stevenstazy April 4, 2021
  48. Charlesget April 5, 2021
  49. Stevenstazy April 5, 2021
  50. Charlesget April 6, 2021
  51. BillyViz April 7, 2021
  52. Alfredted April 7, 2021
  53. BillyViz April 8, 2021
  54. Alfredted April 8, 2021
  55. BillyViz April 9, 2021
  56. JamesBrivy April 10, 2021
  57. HarryShife April 10, 2021
  58. HarryShife April 11, 2021
  59. JamesBrivy April 11, 2021
  60. Timothyjak April 11, 2021
  61. Timothyjak April 12, 2021
  62. JamesBrivy April 13, 2021
  63. Robertovob April 14, 2021
  64. JamesBrivy April 14, 2021
  65. Robertovob April 15, 2021
  66. JamesBrivy April 16, 2021
  67. Robertovob April 16, 2021
  68. JamesBrivy April 17, 2021
  69. Robertovob April 17, 2021
  70. Roberttoike April 17, 2021
  71. Rafaelweilk April 17, 2021
  72. Rafaelweilk April 18, 2021
  73. Roberttoike April 19, 2021
  74. Rafaelweilk April 19, 2021
  75. Roberttoike April 20, 2021

Leave a Reply