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For the regulation purpose, SEBI has defined an EOP as a digital or online platform, which facilitates transactions such as subscription, redemption and switch transactions in direct plans of schemes of mutual funds.
From September 1, 2023, Execution Only Platforms (EOPs) that enable direct mutual fund transactions must obtain a license from SEBI or AMFI.
An EOP is a digital or online platform which facilitates transactions such as subscription, redemption and switch transactions in direct plans of schemes of mutual funds.
At an open meeting on March 15, 2023, the U.S. Securities and Exchange Commission voted three to two to propose a new rule, form and amendments (together, “Proposed Rule”) and published...
NL Corresspondent Jammu Tawi: Mirae Asset Financial Services (India) has inked a pact with FundsIndia to provide loan against securities on the FundsIndia platform through an entirely digital process. This credit facility is available on FundsIndia investor platform and soon will be released on their partner platform as well. FundsIndia partners will also be