Annual Compliance Report

Transparency in regulatory compliance and operational excellence

Financial Year 2024-25

Executive Summary

This Annual Compliance Report provides a comprehensive overview of Genvest Research Private Limited's compliance with SEBI regulations, operational performance, and commitment to maintaining the highest standards of regulatory adherence throughout the financial year 2024-25.

  • 100% Compliance

    Full compliance with all SEBI Investment Advisers Regulations throughout the year.

  • Zero Regulatory Actions

    No regulatory actions, penalties, or compliance violations during the reporting period.

  • Timely Reporting

    All regulatory reports and submissions filed within prescribed timelines.

  • Continuous Improvement

    Regular updates to compliance policies and procedures based on regulatory changes.

Regulatory Compliance Overview

  • SEBI Investment Advisers Regulations, 2013

    Compliant

    Full adherence to all provisions including registration requirements, disclosure obligations, and client protection measures.

  • SEBI Prohibition of Insider Trading Regulations

    Compliant

    Strict compliance with insider trading regulations including code of conduct, disclosure requirements, and trading restrictions.

  • Anti-Money Laundering (AML) Guidelines

    Compliant

    Comprehensive AML framework including KYC procedures, transaction monitoring, and suspicious transaction reporting.

  • Data Protection and Privacy Laws

    Compliant

    Full compliance with data protection regulations including data collection, processing, storage, and security measures.

Operational Metrics

Active Clients

250+

Clients served during the reporting period.

Assets Under Advisory

₹50+ Cr

Total AUA managed during the year.

Grievances Resolved

15

All grievances resolved within 30 days.

Compliance Training Hours

120+

Training hours completed by staff.

Key Compliance Activities

  • April 2024

    Annual Compliance Review

    Comprehensive review of all compliance policies and procedures. Updated internal controls and risk management frameworks.

  • June 2024

    SEBI Inspection Preparation

    Prepared for SEBI inspection with complete documentation and compliance verification. All systems and processes reviewed.

  • August 2024

    Data Protection Audit

    Conducted comprehensive data protection audit. Enhanced security measures and privacy controls implemented.

  • October 2024

    AML Framework Update

    Updated Anti-Money Laundering framework in accordance with latest RBI guidelines. Enhanced transaction monitoring systems.

  • December 2024

    Annual Risk Assessment

    Completed annual risk assessment covering operational, compliance, and technology risks. Mitigation strategies implemented.

  • March 2025

    Regulatory Reporting

    Submitted all required regulatory reports including annual compliance report and financial statements to SEBI.

Risk Management Framework

  • Operational Risk

    Low Risk

    Robust operational controls and procedures in place. Regular monitoring and review of operational processes.

  • Compliance Risk

    Low Risk

    Comprehensive compliance monitoring system. Regular training and updates on regulatory changes.

  • Technology Risk

    Medium Risk

    Continuous monitoring of technology systems. Regular security audits and updates implemented.

  • Reputation Risk

    Low Risk

    Strong client relationships and transparent communication. Proactive grievance resolution mechanisms.

Client Protection Measures

  • Segregation of Assets

    Client assets are held separately from company assets. No commingling of client and company funds.

  • Transparent Fee Structure

    Clear disclosure of all fees and charges. No hidden costs or undisclosed commissions.

  • Grievance Redressal

    Comprehensive grievance redressal mechanism with dedicated officers and escalation procedures.

  • Regular Reporting

    Regular portfolio reports and performance updates provided to clients. Transparent communication maintained.

Technology and Security

Data Security

  • End-to-end encryption for all data transmission.
  • AES-256 encryption for data at rest.
  • Multi-factor authentication for system access.
  • Regular security audits and penetration testing.

System Monitoring

  • 24/7 system monitoring and alerting.
  • Automated backup and disaster recovery procedures.
  • Regular system updates and patch management.
  • Incident response and business continuity plans.

Access Controls

  • Role-based access control system.
  • Regular access reviews and updates.
  • Employee training on cybersecurity best practices.
  • Compliance with data protection regulations.

Training and Development

Compliance Training

All employees completed mandatory compliance training covering SEBI regulations, AML guidelines, and ethical conduct.

  • 100% completion rate
  • 40+ hours per employee

Technology Training

Regular training on new technologies, security protocols, and system updates to ensure optimal performance.

  • Quarterly sessions
  • 20+ hours per employee

Professional Development

Investment in professional development programs including certifications and industry conferences.

  • 5 certifications obtained
  • 3 industry conferences attended

Future Compliance Initiatives

  • Enhanced AI Governance

    Development of comprehensive AI governance framework to ensure responsible use of artificial intelligence in investment advisory services.

  • Digital Compliance Monitoring

    Implementation of advanced digital tools for real-time compliance monitoring and automated reporting.

  • Sustainability Reporting

    Integration of environmental, social, and governance (ESG) factors into compliance reporting and client communications.

  • Regulatory Technology

    Adoption of regulatory technology (RegTech) solutions to streamline compliance processes and improve efficiency.

Contact Information

Compliance Officer

Name: Richa Varma

Email: contact@genvest.ai

Phone: +91-9310855217

Principal Officer

Name: Rohit Prakash

Email: rohit.prakash@genvest.ai

Registered Office

3rd Floor, Orchid Centre
Sector 53, Innov8
Golf Course Road
Gurgaon 122022
Haryana, India

Conclusion

Genvest Research Private Limited has maintained exemplary compliance standards throughout the financial year 2024-25. Our commitment to regulatory adherence, client protection, and operational excellence remains unwavering. We continue to invest in technology, training, and systems to ensure continued compliance and service excellence.

This report demonstrates our transparent approach to compliance and our dedication to maintaining the highest standards of regulatory adherence. We remain committed to continuous improvement and will continue to enhance our compliance framework in the coming year.