×
Headlines

COVID-19: SEBI relaxes Compliance with Requirements pertaining to AIFs and VCFs

SEBI AIFs VCFs. - Taxscan

The Securities Exchange Board of India ( SEBI ) has allowed Relaxation in compliance with requirements pertaining to AIFs and VCFs.

In light of recent market events due to CoVID-19 pandemic, a need has been felt to extend the due date for regulatory filings for AIFs and VCFs

The SEBI has extended the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020 by two months, over and above the timelines prescribed under SEBI (Alternative Investment Funds) Regulations, 2012.

The Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 and shall come into force with immediate effect.

Top