
REGULATORY UPDATE – SEBI PaRRVA FRAMEWORK (BREAKING UPDATE)
The Securities and Exchange Board of India through its Circular dated 04 April 2025 and 29th April 2026 has introduced and operationalized the PaRRVA (Past Risk and Return Verification Agency) framework, respectively, bringing a major shift in past performance reporting norms for Investment Advisers (IAs) and Research Analysts (RAs). This initiative aims to bring transparency, […]





















