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IRDA's IMF Registration Guidelines: A Detailed Overview www.compliancecalendar.inban site

The IRDA IMF Registration process is essential for establishing an Insurance Marketing Firm (IMF) in India. To initiate the IMF registration 2024, applicants must secure a No Objection Certificate (NOC), incorporate their company, and ensure the Principal Officer and Insurance Sales Persons complete mandatory training. The IMF registration process also requires submitting the IMF application form via the IMF application login portal. Key documents include identity proofs, net worth certificates, and business plans. Once reviewed, IRDA grants the registration, valid for three years. Applicants can later check their status in the IRDA IMF list. For those wondering how to get an IMF certificate, meeting IRDA’s regulatory guidelines and passing the examination are mandatory. This structured process helps maintain ethical standards in insurance marketing across India.
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SEBI Investment Advisor Registration Fees and Requirements Explained www.compliancecalendar.inban site

To operate as a SEBI Registered Investment Advisor, individuals and firms must fulfill specific eligibility criteria and pay prescribed fees. The registration process involves meeting educational qualifications, gaining relevant experience, and passing NISM certification exams. Fees Structure: Application Fee: ₹5,000 for individuals/partnerships, ₹25,000 for companies. Registration Fee: ₹10,000 for individuals/partnerships, ₹1,00,000 for companies. Requirements: A postgraduate degree in finance, commerce, economics, or a related field. At least 2 years of experience in investment advisory services. Certification from NISM (Level 1 & Level 2). Minimum net worth: ₹1 lakh (individuals) and ₹25 lakh (companies). How to Become a SEBI Registered Investment Advisor? Submit Form A via the SEBI portal, provide necessary documents, pay fees, and comply with SEBI regulations. Approval grants the registration certificate to operate legally.
category adv posted by naveennirvanccl 2 months ago 0 comments edit flag/unflag delete delete and ban this url