All posts tagged "AMCs"
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370IndiaSEBI Allows Mutual Funds to Resume Overseas Investing
In February, SEBI advised mutual funds to halt further investments in foreign stocks to avoid breaching industry-wide regulatory limits.
June 21, 2022 -
458India
SEBI Enhances Cybersecurity Requirements for Asset Managers
A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.
June 20, 2022 -
328India
SEBI Issues New Norms to Boost Appeal of ETFs, Index Funds
ETF managers must appoint at least two market makers. The minimum subscription amount required for new fund offers has been reduced.
May 30, 2022 -
550India
SEBI Directs Fund Managers to Constitute Audit Committees
AMC audit committees will have obligations to review findings of suspected fraud, irregularities, internal control failures, and other issues highlighted by whistleblowers.
February 12, 2022 -
413India
India Mutual Funds to Start Ind AS Reporting from April 2023
From 1 April 2023, all AMCs will be required to prepare the financial statements in accordance with Indian Accounting Standards, known as Ind AS.
February 11, 2022 -
794Capital / LiquidityBOT Allows Banks, AMCs to Jointly Form Bad Debt Managers
JV AMCs can provide banks more flexibility to manage bad debts, while also providing relief to borrowers who are unable to service their debt or face a collateral liquidation threat.
February 3, 2022 -
252India
SEBI Updates Risk Management Framework for Mutual Funds, AMCs
Mutual funds and AMCs will be required to maintain mandatory metrics on investment risk, liquidity risk and credit risk, and perform stress tests at least monthly.
September 30, 2021 -
246Asia-PacificThailand SEC Streamlines Process for Mutual Fund Approvals
Asset managers can start submitting applications for approval to establish a new mutual fund using a new online system from 1 June.
June 11, 2021 -
254Capital / LiquidityCBIRC Offers New Model for Trust Firms to Dispose of Bad Assets
Trust companies can transfer bad assets to the balance sheet of China Trust Protection Fund, which was set up in 2014 to provide liquidity support to the trust sector through loans.
May 14, 2021 -
178India
SEBI Issues Compensation Guidelines for Fund Managers
20% of compensation of key AMC employees must be paid in the form of units of the mutual fund schemes in which they have a role or oversight.
May 5, 2021
