AZB & Partners is one of India's premier law firms with 500+ lawyers and offices across the country. The firm was founded in 2004 with a clear purpose to provide reliable, practical and full–service advice to clients, across all sectors. Having grown steadily since its inception, AZB & Partners now has offices across Mumbai, Delhi, Bangalore, Pune and Chennai. We are recognized by most international publications for our legal expertise.
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SEBI, by way of Circulars dated March 25, 2026, has clarified that members of the Institute of Cost Accountants of India (‘ICMAI’) are now also eligible to conduct annual audits for verifying compliance of Investment Advisers (‘IA’) and research analysts of requirements under the SEBI (Investment Advisers) Regulations, 2013 (‘IA Regulations’) and the SEBI (Research Analysts) Regulations, 2014, respectively. Additionally, the Circular pertaining to IAs also permits ICMAI members to issue the annual compliance certificate for client-level segregation obligations under the IA Regulations. The provisions of both Circulars are effective from immediate effect.
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