Anish, Hardik and Ashrika

SEBI Circular on Pro-Rata and Pari-Passu Rights for AIF Investors

By / Corporate and Commercial / December 17, 2024

On December 13, 2024, the Securities and Exchange Board of India (“SEBI”) issued a pivotal circular that redefines the norms around pro-rata and pari-passu rights for investors in Alternative Investment Funds (“AIFs”). This follows SEBI’s earlier regulatory initiatives issued on November 18, 2024, which laid the groundwork for uniformity and investor-centric reforms across India’s alternative …

SEBI Circular on Pro-Rata and Pari-Passu Rights for AIF Investors Read More »

RBI Revises KYC Directions: A Push Towards Enhancing Risk Management

By / Corporate and Commercial / November 14, 2024

Background: Strengthening KYC Compliance With the aim to simplify the KYC process for financial institutions and enhance the effectiveness of customer identification measures, ensuring compliance with anti-money laundering and counter-terrorism financing regulations, RBI has recently made crucial amendments to its Master Directions -Know Your Customer (KYC) Directions, 2016, (“Amended Directions”) effective November 6, 2024. The …

RBI Revises KYC Directions: A Push Towards Enhancing Risk Management Read More »

burgeon law white logo

Disclaimer

As per the rules of the Bar Council of India, law firms are not permitted to solicit work and advertise.

By clicking the “Agree” button and accessing the website www.burgeon.co.in, the visitor fully understands and accepts that the contents herein are solely for informational purposes and should not be interpreted as solicitation or advertisement. The firm is not liable, in any manner, for the consequences of any action taken by a visitor relying on materials/ information provided on the website. The firm urges visitors to seek independent legal advice for any legal issues.

Agree