Central Depository Services (India) Limited (“CDSL”), Asia’s first listed depository, maintaining and providing services to 16.31+ crore investors, conducted a special awareness session on accredited investors, under the aegis of the Securities and Exchange Board of India (SEBI), in collaboration with the Association of Portfolio Managers in India (APMI).
The session focused on the Accredited Investor framework, detailing its key aspects, nuances, and the various benefits it offers to investors. The event saw participation from over 125 professionals connected with Portfolio Management Services (PMS) industry.
Speaking on the occasion, Ms. Aparna Thyagarajan, Chief General Manager, SEBI, said, “We have established a framework that will make accreditation more accessible for investors, while also supplementing it with regulatory benefits and process efficiencies. We believe this is a strategic step forward for the entire ecosystem and will help us gain significant traction.”
Mr. Nilesh Lodaya, Chief of Business Development & New Projects, CDSL, said, “India’s capital markets have had extraordinary journey in last three and a half decades and are counted amongst the most advanced and trusted securities markets globally. The Accredited Investor framework is another important step forward. By recognizing sophisticated investors and giving them access to tailored opportunities, SEBI is ensuring that our markets remain efficient, inclusive, and globally competitive.”
Mr. Biharilal Deora, Chairman, APMI, said, “India’s adoption of the Accredited Investor framework is a timely move. It allows for customized access to bespoke strategies, while ensuring that investor protection and market integrity remain intact. We believe this will unlock new avenues for portfolio managers and deepen investor engagement.”