GK and monthly revision

Sebi introduces lighter certification framework for non-core staff in investment advisory roles

The Securities and Exchange Board of India (Sebi) has introduced the 'NISM Series-XXV-B' certification aimed at non-core investment advisory staff, particularly those involved in sales and client interactions. This initiative is designed to streamline operational processes for financial firms while ensuring adherence to compliance standards. It is significant as it differentiates the certification requirements for primary advisory roles, which still mandate the more comprehensive 'NISM Series-X-A' and 'X-B' certifications, thereby reinforcing regulatory frameworks in the financial advisory sector.