Record Retention for SEBI Research Analysts and Investment AdvisersSEBI-registered research analysts and investment advisers must keep key records for at least five years. Finuro keeps your recommendations, client agreements, consent, KYC documents, communication and invoices together in one platform, ready to view and export when they are requested.  RECORD RETENTION Which records does Finuro keep available?The records a practice must be able to produce, years after they were made. RecommendationsEvery call with its levels, rationale, report, updates and outcome. Client agreements and consentE-signed MITC and agreements, and manual consent PDFs. KYC and risk profilesKYC documents and investment advisers' risk profiling records. Communication and invoicesDelivery logs, conversations and GST invoices. WHY IT MATTERS Why keep records in one platform?Five years is long enough for phones, inboxes and spreadsheets to disappear. Nothing lost to staff changesRecords belong to the practice, not to someone's phone. Export on demandProduce records for any period when they are requested. Consistent recordsEvery year's records are in the same format. Changes are traceableThe audit trail shows who changed what. How retention works in FinuroStep 1 Records are createdCalls, agreements, documents and invoices are produced as you work. Step 2 Kept in one placeThey stay on the client and recommendation records. Step 3 Changes are loggedEdits and deletions appear in the audit trail. Step 4 Exported when neededExport any period for an audit or inspection. Who needs to think about record retention?Every SEBI-registered research analyst and investment adviser. Retention is not only about keeping files; it is about being able to find and produce the right records years later, after staff, phones and tools have changed. What SEBI requiresBoth the Research Analyst Regulations and the Investment Adviser Regulations require registered entities to maintain records for at least five years. For research analysts that includes research reports, the rationale behind recommendations and client agreements; for investment advisers it includes client agreements, risk profiling and suitability records and advice given. SEBI updates these rules through amendments and circulars, so always check the current text. A practical retention checklist
How Finuro keeps records availableCreated at the sourceRecords are produced as part of normal work: calls when you publish, agreements when clients e-sign, invoices when they pay. There is no separate filing step to forget. Kept togetherDocuments sit on the client or recommendation they belong to, so a five-year-old record is as easy to find as yesterday's. TraceableThe audit trail records edits and deletions with the user and time. ExportableExport recommendations to Excel, the client list with document links, a month of e-sign documents or a month of invoices. Related Finuro features
Frequently asked questionsCommon questions about record retention in Finuro. Built for SEBI RAs and IAs Keep five years of records without the clutterRecommendations, agreements, documents and invoices, kept together and ready to export. |
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