Examples of PM Regulations in a sentence
Charging and disclosure of appropriate fees & expenses in accordance with the PM Regulations.
In the event of a merger, amalgamation, re-organisation or other corporate restructuring of the Power Exchange that results in creation of a new legal entity, the Power Exchange shall deal with the Prior Contracts in accordance with the approved scheme of restructuring, PM Regulations, applicable law and / or as may otherwise be directed by the Commission.
The Borrower shall, within three Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Drawing or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Drawing or Unpaid Sum.
The Portfolio Manager may invest the Client’s Funds in money market instruments (for meeting liquidity requirement) and exchange traded derivative instruments, rated debenture instrument and mutual fund schemes including exchange traded funds in accordance with PM Regulations.
Structural Limitations CIPMs are a class of ‘portfolio managers’ and fall within the purview of the PM Regulations.
The Portfolio Manager shall maintain books and records relating to its transactions for the Client to ensure compliance with the PM Regulations and shall get audited its accounts as required under the PM Regulations.
Under the scheme of the PM Regulations, it is the client that ultimately holds the investments and not the portfolio manager.
In other words, as long as the key investment team of the manager of an AIF is fulfilling the ‘experience’ and ‘professional qualification’ requirements under the AIF Regulations, the CIPM applicant will not be required to separately fulfil the corresponding criteria under the PM Regulations.
They have been included only for the purpose of clarity and shall in addition be interpreted according to their general meaning and usage and shall also carry meanings assigned to them in the PM Regulations.
Change in Regulation: Any change in the PM Regulations and/or other Applicable Laws or any new direction of SEBI may adversely impact the operation of the PMS.