SEBI has directed AMFI to appoint an agency that can value market linked debentures
Jul 14 2020
News Category: Regulatory Updates
According to media reports, SEBI has directed AMFI to appoint an agency that can value market linked debentures (MLDs). The capital market regulator has decided that valuation of MLDs shall be carried out by an agency appointed by AMFI (also referred as AMFI appointed valuation agency). It shall be mandatory for the issuer to appoint a third-party valuation agency which shall be an AMFI appointed valuation agency.