Sebi on Monday simplified the requirements for the grant of certification to accredited investors. A person or entity identified as an accredited investor based on net worth or income. Such investors can invest in securities that may not be available to retail investors. The accreditation agencies will grant accreditation solely based on the KYC and the financial information of the applicants. The validity period of the accreditation certificate has been revised. The new framework will come into force with immediate effect.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IRcxw4l
