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Sebi moves to standardise consent rules for AIFs
Image source: economictimes.indiatimes.com

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Sebi moves to standardise consent rules for AIFs

The Securities and Exchange Board of India (Sebi) is initiating reforms to standardize consent rules for Alternative Investment Funds (AIFs). This includes implementing a uniform approval threshold of 75% for significant decisions and enhancing oversight on conflict-of-interest transactions. These changes aim to rectify existing inconsistencies in regulations, promoting greater transparency and fairness for investors, which is crucial for maintaining investor confidence in the AIF sector.

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