SEBI Mandates NISM Certification for Alternative Investment Fund Compliance Officers
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SEBI Mandates NISM Certification for Alternative Investment Fund Compliance Officers

The Securities and Exchange Board of India (SEBI) has mandated that compliance officers for Alternative Investment Funds (AIFs) must obtain NISM Series-III-C certification. This new rule, effective January 1, 2027, requires individuals to pass the NISM Securities Intermediaries Compliance (Fund) exam to be appointed or continue in their roles. Trustees, sponsors, and managers are responsible for ensuring this compliance is reported.

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