cs vinay mehta

  1. AIF Lifecycle Overview The entire process of setting up, managing, and exiting an AIF. The key stages include: Trust Deed Execution : The fund's Settlor executes a trust deed with a Trustee. The trust deed is registered with the sub-registrar. Document Drafting : Key documents include the Private Placement Memorandum (PPM) and an Application to SEBI . Application to SEBI : SEBI application (Form A) is submitted along with required documents. An application fee of INR 1 lakh is paid. SEBI Approval : The fund needs to comply with SEBI’s Alternative Investment Fund (AIF) regulations. Approval is granted after paying the necessary fees. Investment Management Agreement (IMA) Execution: This agreement is signed between the fund and the Investment Manager . Investor Onboarding : A Contribution Agreement is executed between the Sponsor and Investors. Fund Closure & Commitment Collection : AIFs must secure a minimum...

The ISO 27001 certification is a globally recognized standard for Information Security Management Systems (ISMS). It provides a framework for managing sensitive company information, ensuring it remains secure through risk management and mitigation processes. In the context of the recent SEBI (Securities and Exchange Board of India) circular on cyber security, the requirement for ISO 27001 certification for Market Infrastructure Institutions (MIIs) and Qualified Registrars (REs) aligns with SEBI's emphasis on strengthening cyber security frameworks. SEBI has been increasingly focused on ensuring that entities under its regulation adopt robust cyber security measures to protect sensitive data and ensure the integrity of the financial markets. Applicability of ISO 27001 Certification as per SEBI Circular: 1. Mandatory Requirement: SEBI has mandated that MIIs (such as stock exchanges, depositories, and clearing corporations) and Qualified REs must obtain ISO 27001 certification. This i...