SEBI Relaxes Cetification Norms For Sales, Non-Core Staff Associated With Research Services

The Securities and Exchange Board of India (SEBI) has announced a relaxation of certification requirements for sales and non-core staff involved in research services, effective immediately. This change is significant as it acknowledges that these employees do not engage directly in research activities, thus easing the burdens of compliance and certification. The move aims to promote operational efficiency within firms while maintaining the integrity of research services. By reducing the regulatory hurdles for non-core personnel, SEBI hopes to streamline processes and allow companies to focus on enhancing their research capabilities without the added pressure of extensive certification for all staff members. This decision reflects SEBI's ongoing commitment to adapting its regulatory framework to better align with industry practices and the evolving landscape of financial services in India.