The distributor cross-sold a non-guaranteed managed investment scheme to the same customers that bought guaranteed term deposits.
December 19, 2022The fund will exclusively invest in debt securities such as bonds, notes, commercial paper, debentures, and other evidence of indebtedness.
October 18, 2022Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.
February 22, 2022The draft guidelines will operationalise the supplemental MOU signed last month to admit the Philippines to the ASEAN CIS framework.
June 3, 2021SEBI has barred portfolio managers from charging upfront fees from clients and imposed caps on annual management fees and exit loads.
February 18, 2020