With the frequency of amendments in the SEBI (Investment Advisers) Regulation, 2013 in the recent times one can opine that the regulatory compliance would be the need of the hour for the Investment Advisors (IAs).
source https://www.caclubindia.com/articles/membership-with-basl-for-investment-advisers-45175.asp
source https://www.caclubindia.com/articles/membership-with-basl-for-investment-advisers-45175.asp
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