SEBI Extends Deadline for AIF Manager Certification Compliance under Regulation 4(g)(i)

The Securities and Exchange Board of India (SEBI) has announced a six-month extension to the compliance deadline for Alternative Investment Fund (AIF) managers to obtain the mandatory certification under Regulation 4G(I). This regulatory relaxation acknowledges the practical implementation challenges and difficulties faced by AIFs in meeting the newly introduced qualification requirements for key personnel responsible for managing Category I and Category II alternative investment funds within the Indian financial market.