Extension of timelines for submission of offsite inspection data
Summary
SEBI has extended the deadline for Mutual Funds to submit offsite inspection data from 10 to 15 calendar days after the end of each quarter. Registrars to an Issue and Share Transfer Agents (RTAs) are now required to submit this data on an ongoing basis rather than quarterly. This modification to Clause 5.27.2 of the Master Circular for Mutual Funds takes immediate effect.
Text
Mutual Funds shall submit the daily data in monthly file as per the specified formats on quarterly basis within 15 calendar days from end of the quarter.
RTAs shall submit the said data on an ongoing basis.
The provisions of this circular shall come into force with immediate effect.
Source: SecMarx — Extension of timelines for submission of offsite inspection data. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.