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 norms for sales and non-core personnel involved with research services. This regulatory change, effective immediately, acknowledges that these staff members do not play a direct role in the research process itself, thereby allowing for greater flexibility in hiring and training practices. The decision aims to enhance operational efficiency within the financial services sector while ensuring compliance with existing regulations. SEBI's move is anticipated to streamline processes for firms that rely on sales and support teams, ultimately benefiting the broader market ecosystem by enabling quicker responses to market demands. This change reflects SEBI's ongoing commitment to adapt regulatory frameworks in accordance with evolving industry needs and operational realities.