Securities and Exchange Board of India extends the implementation date of Risk Management Framework from April 01, 2022 onwards

Based on the request received from Association of Mutual Funds ( “AMF”), the Securities Exchange Board of India (“SEBI”) has decided to extend the date of implementation of the SEBI circular no. SEBI/HO/IMD/IMD-1 DOF2/P/CIR/2021/630 to April 01, 2022.
Till such time, the existing circular no. MFD/CIR/15/19133/2002, dated September 30, 2002 on “Risk Management System” shall remain operational.
For a detailed read, please refer to the hyperlink below.
Source : Securities Exchange Board of India