Sebi updates AIF valuation framework, aligns with mutual fund rules and extends reporting timelines.
The Securities and Exchange Board of India (Sebi) has updated its valuation framework for Alternative Investment Funds (AIFs) based on industry feedback. Key changes include aligning the valuation of certain securities with mutual fund rules and enabling extended reporting timelines for audited data. The aim is to standardize valuation practices across entities by March 31, 2025. Valuation method changes must be disclosed to investors, and independent valuers must belong to registered organizations.
September 19, 2024
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