Appointment of Investment Committee
Regulation 129
Appointment of Investment Committee
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter VIII · General Obligations and Responsibilities
Chapter VIII · General Obligations and Responsibilities
Regulation 129 – Appointment of Investment Committee
Medium importance about 3 min
Ongoing obligations & governance: Conduct, reporting, risk, custody, change in control and the day-to-day compliance load.
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In plain English
A FME may constitute an Investment Committee to make investment decisions; its members must comply, to the extent applicable, with all the responsibilities cast on the FME and fund managers.
In plain English
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The rule, in its own words
Read the exact text of Regulation 129
129. (1) The FME may, at its discretion, constitute an Investment Committee to make investment decisions for the schemes.
(2) All responsibilities casted upon the FME and Fund Managers under these regulations, to the extent applicable, shall also be complied with by the members of such Investment Committee.
Statutory text — Principal Regulations, 2025 (as amended to 30 January 2026), consolidated where amended. The notified Gazette text prevails. Tap a highlighted word for how it functions.
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What this means in practice
Compliance actions
- Applies to
- All FME categories (if constituted)
- Frequency
- If constituted
- Evidence
- Investment Committee charter and member undertakings
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Where it connects
Read alongside
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Check yourself
Quiz Centre
Test yourself on Regulation 129
3 questions in the unified bank test this regulation. Each explains every option and cites the provision.
If an FME constitutes an Investment Committee, its members must:
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Your notes
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Ongoing obligations & governance