Taxmann's Analysis | SEBI's New Proposals to Streamline the AIF Valuation Framework

Taxmann

may 2024 · Taxmann Publications Private Limited

Acerca de este libro electrónico

SEBI issued a Consultation Paper on May 23rd, 2024, to review specific aspects of the valuation framework for Alternative Investment Funds (AIFs) investment portfolios. The primary objective is to seek public comments on proposals to provide relaxation in certain areas of the AIF valuation framework. The key proposals include:

‣ Applicability of Valuation Norms Under SEBI (Mutual Funds) Regulations to Compute Valuation of AIFs' Investment Portfolio

‣ Change in Valuation Methodology and Approach to be considered as 'Material Change'

‣ Proposes Revised Eligibility Criteria for Independent Valuers to be Appointed by AIFs

‣ Proposal to Extend the Timeline to Report Valuation of Investments to Performance Benchmarking Agencies to 7 Months

Acerca del autor

At the heart of Taxmann Publications lies the Research & Editorial Team, established from a cadre of Chartered Accountants, Company Secretaries, and Lawyers. This group, operating under the guidance of Editor-In-Chief Mr Rakesh Bhargava, is the cornerstone of Taxmann's commitment to delivering unparalleled content accuracy and reliability.

The team's mission is anchored in the principles of the Six Sigma methodology, with a steadfast goal of eradicating errors and upholding the highest standards of excellence in all publications and research outputs. Their rigorous content development process is informed by core guidelines, ensuring every piece of work is authoritative and insightful. These guidelines include:

• Sourcing – All statutory materials are derived exclusively from authorized and credible sources, guaranteeing the integrity of the information provided

• Current Awareness – The team prioritizes keeping readers well-informed of the latest judicial and legislative developments, ensuring content is both timely and relevant

• Analytical Insights – Special emphasis is placed on crafting analytical pieces on topical, contentious, and impactful issues, aiding readers in comprehensively understanding the nuances and implications of recent events

• Clarity and Accuracy – Taxmann pledges that every publication is thorough, precise, and articulated with clarity, serving as a reliable reference for complex subjects

• Evidence-based Referencing – Assertions and analyses are meticulously backed with references to relevant sections, circulars, notifications, or citations, enhancing the content's credibility

• Quality and Consistency – Adherence to the golden rules of grammar, style, and consistency is non-negotiable, ensuring a seamless and engaging reading experience

• Accessibility – The choice of font and size across all print and digital mediums is dictated by legibility and consistency, making information accessible to all readers