News and Press Release - Dated:- 11-8-2018 - On July 13, 2018 SEBI has issued a Consultative Paper on proposed SEBI (Fiduciaries in the Securities Market) (Amendment) Regulations which has been uploaded on the SEBI website for seeking public comments. The said Amendment Regulations proposes to bring amendment in various Regulations concerning the entities not registered with SEBI and who undertake third party fiduciary duty or assignment or engagement under the securities laws, in respect of any Issuer, Listed Companies, Pooled Investment Vehicle, Restructuring, Intermediaries, Market Infrastructure Entities or investors in the securities and issues any certificate, report etc. The fiduciary has been defined to include Chartered Accountants, Company Secretaries, Cost Accountants, Valuers, Monitoring Agencies, etc. It has been proposed that such a fiduciary shall ensure that the certificates, reports etc. issued by it are true in all material respects. These requirements wou

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