Investment Adviser Administration and Supervisory Body

The Investment Advisor Administration and Supervisory Body (IAASB) is an entity that is recognised under the Investment Adviser rules to supervise and administer Investment Advisors. It will be responsible for the supervision of investment advisers (IAs), provide grievance redressal services for clients and IAs and refer to Securities and Exchange Board of India (SEBI).

The BSE Administration and Supervision Limited (BASL), the subsidiary of the BSE Limited was recognised as the IAASB for the period of 3 years from June 1, 2021. It will receive periodic reports to supervise IAs and submit its findings to SEBI.

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