SEBI Mandates NISM Certification for Social Impact Assessors

SEBI has introduced a new certification requirement mandating that Social Impact Assessors obtain qualifications through the National Institute of Securities Markets (NISM). This regulatory action establishes formal competency standards for professionals conducting social impact assessments in connection with securities offerings and social impact bonds in India.

Affected parties, including entities providing social impact assessment services and participants in social impact securities offerings, must ensure their assessors meet the NISM certification standards. Market participants engaging Social Impact Assessors should verify compliance with these new qualification requirements to maintain regulatory compliance in their securities transactions.