SEBI extends the date of implementation of Guidelines for Portfolio Managers by three months

Jun 30, 2020 | by Avantis RegTech Legal Research Team

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Secretarial Compliance

The Securities and Exchange Board of India (SEBI) on June 29, 2020 has decided to extend the date of implementation of ‘Guidelines for Portfolio Managers’. SEBI had issued a circular specifying the guidelines for the portfolio managers vide it’s Circular no SEBI/HO/IMD/DF1/CIR/P/2020  February 13, 2020.  SEBI has now further extended the timeline for three months after taking into considerations the requests received from the portfolio managers and the prevailing business and market conditions. However, the circular shall come into force from October 01, 2020.

[Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/111]


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