SEBI Norms for Research Analysts

Foreign entities acting as research analysts for Indian markets or India-listed companies would need to tie-up with a registered entity in India, while domestic players will also be subjected to strict disclosures and scrutiny. Entity would need to get registered after meeting the prescribed criteria regarding qualifications, capital adequacy, establishment of internal policies and procedures, firewalls against conflict of interest, sufficient & timely disclosures, among others. The final norms in this regard would be notified soon.