Alerts & Updates 3rd Jul 2026

SEBI proposes to replace “associate” with “related party” for identifying conflicted transactions in the AIF Regulations

Authors

Paridhi Jain
Paridhi JainSenior Associate | Mumbai

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SEBI’s consultation paper of June 30, 2026, proposes to amend the AIF Regulations to, inter alia, replace the current “associate” based test for transactions involving material conflicts of interest with a broader “related party” test (based on the definition of “related party” given in the Companies Act, 2013).

In this Update, we have reviewed SEBI’s proposals and analysed their impact.

Read the detailed update here

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