Overview

• SEBI stated that reports suggesting it is examining regulatory oversight of family offices are factually incorrect and that it is not pursuing such a proposal at present.
• Earlier on Friday, Bloomberg-based coverage reported that SEBI was discussing requirements for family offices to disclose entities, assets and returns and to create a separate regulatory category.
• Those reports also said SEBI had sought views on allowing family offices to qualify as Qualified Institutional Buyers, which could affect IPO allocations.
• Family offices have grown into influential investors in India’s markets, with firms such as Premji Invest and Bajaj Holdings cited as anchor participants in recent IPOs.
• There is currently no specific regulatory regime for family offices in India, and SEBI has not announced any rulemaking process or timeline.