Regulatory Information

1. Regulatory Overview

Fynamics Wealth Financial Services operates under the comprehensive regulatory framework of India's financial services sector. We are committed to maintaining the highest standards of compliance with all applicable laws, regulations, and industry guidelines.

Our regulatory compliance ensures investor protection, market integrity, and transparent business practices across all our service offerings.

2. Primary Regulatory Authorities

3. Key Regulatory Frameworks

3.1 Securities Market Regulations

• SEBI Act, 1992: Establishes SEBI's powers and functions
• Securities Contracts (Regulation) Act, 1956: Regulates securities trading
• Depositories Act, 1996: Governs dematerialized securities
• Companies Act, 2013: Corporate governance and disclosure requirements

3.2 Investment Advisory Regulations

• SEBI (Investment Advisers) Regulations, 2013: Primary regulatory framework
• SEBI (Mutual Funds) Regulations, 1996: Mutual fund distribution
• SEBI (Portfolio Managers) Regulations, 2020: Portfolio management services

3.3 Anti-Money Laundering Framework

• Prevention of Money Laundering Act (PMLA), 2002: AML compliance
• Foreign Exchange Management Act (FEMA), 1999: Foreign exchange regulations
• Know Your Customer (KYC) Guidelines: Client identification and verification

4. Licensing and Registrations

5. Compliance Framework

5.1 Governance Structure

• Board of Directors: Overall governance and strategic oversight
• Compliance Committee: Monitors regulatory compliance
• Risk Management Committee: Identifies and manages risks
• Audit Committee: Internal controls and audit oversight

5.2 Key Personnel

6. Regulatory Reporting

6.1 Periodic Reports to SEBI

• Annual Activity Report: Comprehensive business activities summary
• Financial Statements: Audited annual financial statements
• Net Worth Certificate: Compliance with minimum net worth requirements
• Client Complaint Report: Summary of complaints received and resolved
• Compliance Certificate: Annual compliance certification

6.2 Other Regulatory Filings

• MCA Filings: Annual returns, board resolutions, and statutory filings
• Tax Returns: Income tax, GST, and other tax compliance
• FEMA Reporting: Foreign exchange transaction reporting
• PMLA Compliance: Suspicious transaction reporting

7. Client Protection Measures

7.1 Investor Protection Fund

We contribute to the Investor Protection Fund as required by SEBI regulations to provide additional protection to investors in case of default by intermediaries.

7.2 Professional Indemnity Insurance

We maintain professional indemnity insurance coverage as mandated by SEBI to protect clients against potential losses due to professional negligence.

7.3 Client Asset Protection

• Segregation of client assets from company assets
• Prohibition on using client funds for company purposes
• Regular reconciliation of client accounts
• Secure custody arrangements with qualified custodians

8. Technology and Data Protection

8.1 Cybersecurity Framework

• Implementation of SEBI's cybersecurity guidelines
• Regular security audits and vulnerability assessments
• Multi-factor authentication for system access
• Encryption of sensitive data in transit and at rest
• Incident response and business continuity plans

8.2 Data Privacy Compliance

• Compliance with IT Act, 2000 and related rules
• Implementation of reasonable security practices
• Data localization requirements compliance
• Regular data protection impact assessments

9. Market Conduct and Ethics

9.1 Code of Conduct

Our comprehensive code of conduct covers:

• Fiduciary responsibilities to clients
• Conflict of interest management
• Fair dealing and market integrity
• Confidentiality and information security
• Professional competence and due diligence

9.2 Prohibited Practices

• Insider trading and market manipulation
• Fraudulent and unfair trade practices
• Misleading advertisements and representations
• Unauthorized use of client information
• Guarantee of returns or performance

10. Regulatory Updates and Changes

We maintain a robust system for monitoring and implementing regulatory changes:

• Regular monitoring of regulatory announcements
• Impact assessment of new regulations
• Timely implementation of regulatory changes
• Staff training on new requirements
• Client communication about relevant changes

11. International Standards

While primarily regulated by Indian authorities, we also align our practices with international standards:

• IOSCO Principles: International Organization of Securities Commissions
• FATF Guidelines: Financial Action Task Force on money laundering
• Basel Norms: Risk management and capital adequacy
• IFRS Standards: International financial reporting standards

12. Regulatory Contact Information

13. Our Regulatory Team