Compliance Audit
SEBI Mandate
SEBI Regulations mandate Research analyst or research entity to conduct annual audit in respect of compliance with the RA regulations from a member of Institute of Chartered Accountants of India or Institute of Company Secretaries of India or Institute of Cost Accountants of India and submit the report of the same in such manner as may be specified by the Board.Further, SEBI Regulations also state:
- RA shall complete the annual compliance audit within six months from the end of each financial year
- Annual compliance audit report shall specify each of the provisions of the RA Regulations and the circulars and guidelines issued thereunder upon which compliance is reported.
- RA shall submit adverse findings of audit, if any, along with action taken thereof duly approved by the individual RA or management of non-individual RA or research entity to RAASB/SEBI within a period of one month from the date of the audit report but not later than October 31st of each year for the previous financial year
- RA/research entity shall publish the status of the compliance audit report on its website and shall also publish the adverse findings of audit, if any, along with the action taken thereof on its website. RA/research entity shall provide the compliance audit report to its clients.
Compliance Audit Reports
In line with the SEBI requirements mentioned above, the table below presents our annual audit reports (starting with the FY 2024–25 audit), including any adverse findings or non-compliances, along with the corresponding Action Taken Report (ATR).Please note that the audit reports are available only for currently active subscribers.
Relevant Links