Circular on Audit of firm-level performance data of Portfolio Managers (dated 02/08/2023) – SEBI
View Pdf– Circular on Audit of firm-level performance data of Portfolio Managers (dated 02/08/2023) – SEBI.
- In order to have uniformity in audit of firm-level performance data, it has been decided that APMI, in consultation with SEBI, shall specify standardised Terms of Reference. (‘ToR’) The standard ToR specified by APMI shall be applicable with effect from October 01, 2023, and shall be mandatorily followed by all Portfolio Managers for the purpose of annual audit of firm-level performance data. Portfolio Managers shall submit audit report on firm-level performance data to SEBI within sixty days from end of each financial year. Please refer circular for more details.
