Thursday, November 7, 2019

SEBI tweaks norms on reporting of changes in terms of investment by Mutual Funds

SEBI amends circular no. SEBI/HO/IMD/DF4/CIR/P/2019/102 w.r.t. ‘valuation of money market and debt securities’. Now Mutual Funds shall have to report immediately any changes to the terms of the investment, including extension in the maturity of a money market or debt security along with reasons for such changes to valuation agencies and SEBI registered Credit Rating Agencies (CRAs).

from taxmann.com News https://ift.tt/2Noodjp
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