09 Feb SEBI MEETING WITH FIFA ON RIA
Mr Srikanth Matrubai who had shared his beautiful insights on Social Media has just now shared some relevant information about a meeting that FIFA representatives had with SEBI officials regarding the RIA subject. Please find the key takeouts from the meeting.
Meeting with SEBI
FIFA was invited for a Meeting with Mr Mahalingam – Whole Time Member (WTM) today Morning at 10.00 am .
Full Sebi team was present
WTM was present with
ED, Mr Anant Barua ;
CGM Mr Peeyush Gupta;
GM And other officers
From FIFA :
Lalit Gianchandani , Yasir Varawala ,Vinod Jain and Dhruv Mehta attended.
Meeting started late so we got only 20 min against scheduled time of 45 minutes.
Meeting went well –
we made a presentation sharing our concerns on RIA.
Feedback received by us is that SEBI would not do anything in hurry and they will take decision after due deliberation and in a calibrated manner after taking our concerns into account .
We should not presume that the matter is on hold , and would therefore need to continue to share our concerns at all appropriate forums so that the same are considered before a final decision is made .
We also touched upon Service Tax and Finalmile Study with a request for a separate presentation for the same.
We also informed about FIFA’s 3rd Annual conference and invited the full SEBI team to attend and requested WTM to address our members