Financial advisers ask Sebi to extend deadline for renewal of certification

According to experts, renewal of certification through CPE points is a globally accepted norm

The Association of Registered Investment Advisers (ARIA) has written to the Securities and Exchange Board of India (Sebi) asking it to extend the deadline for advisers looking to renew their certification by a year. As things stand, advisers have to clear exams for renewal.

According to the investment adviser (IA) guidelines issued in July, such persons should have at all times a certification on financial planning or fund or asset or portfolio management or investment advisory services from the National Institute of Securities Markets (NISM) or any other institution, including the Financial Planning Standards Board of India (FPSB).

Sebi said fresh certification