Sebi, APMI jointly set standards for performance audit of PMS players

The Securities and Exchange Board of India (Sebi) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players. After Sebi’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the… Continue reading Sebi, APMI jointly set standards for performance audit of PMS players

Man Industries settles forensic audit disclosure lapses case with Sebi

Man Industries (India) Ltd on Monday settled with capital markets regulator Sebi a case concerning alleged delayed and inadequate disclosure regarding the initiation of a forensic audit. The matter was settled after the company paid Rs 8.79 lakh towards the settlement amount, according to an order passed by the Securities and Exchange Board… Continue reading Man Industries settles forensic audit disclosure lapses case with Sebi