Question
Which of the following can be an accreditation agency,
as per SEBI AIF norms?Solution
The Accreditation Agency shall issue a certificate of accreditation to recognize one as an Accredited Investor. Each Accreditation Certificate shall have a unique accreditation number, name of the Accreditation Agency, PAN of the Applicant and validity of accreditation (start date and end date). SEBI has notified that either of the following is eligible to get registered as an Accreditation Agency.
- a subsidiary of a Recognized Stock Exchange or
- a subsidiary of a Depository
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