Sebi tightens mutual fund sponsor disclosure norms
Sebi is enhancing transparency in the mutual fund industry by requiring comprehensive disclosures from fund sponsors. The new single application form simplifies the registration for new funds, compelling sponsors to elaborate on their ownership structures, financial stability, and governance practices. Moreover, this revised process mandates compliance with established eligibility criteria and…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
