SEBI: Efforts to align reporting requirements with the rapid evolution of Alternate Investment Funds



Quick Summary
The Securities and Exchange Board of India (SEBI) is updating its reporting requirements for Alternate Investment Funds (AIFs) to keep pace with the sector's rapid evolution. Recognising the need for uniformity and ease of compliance, SEBI has issued a new circular detailing revised quarterly reporting formats. These changes, developed in consultation with industry associations like IVCA and Equalifi, aim to streamline the process for AIFs and ensure market integrity.

Alternate Investment Fund (AIF) is a relatively new concept in India as it is just a decade-old concept, which was boosted by the surge of Venture Capital Investments in India. The Securities Exchange Board of India (SEBI) in 2012 brought- the SEBI (Alternative Investment Funds) Regulations, 2012 (t
Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The main goal is to align reporting requirements with the rapid evolution of Alternate Investment Funds and to address the lack of uniformity in reporting formats, thereby simplifying compliance for AIFs.

SEBI first introduced the SEBI (Alternative Investment Funds) Regulations in 2012.

From the quarter ending December 31, 2023, onwards, AIFs are required to submit their reports within 15 calendar days from the end of the relevant quarter.

SEBI consulted with the Indian Venture and Alternate Capital Association (IVCA) and Equalifi for the revised reporting format.

AIFs can download the revised quarterly reporting format from the IVCA website.




About the Author

Partner at JMJA & Associates LLP

Managing PartnerJMJA Associates LLP, Practising Company Secretaries. 14 years of industry experience. Growth is the underlying passion that drives my entrepreneurial spirit. My philosophies are: True entrepreneurs are driven to serve as much as they are called to lead. Embrace Change. Dont just wish for it, Work fo ... Read more


Related Articles


Loading


Popular Articles





CCI Pro

CCI Articles

submit article