Regulation 24 - General responsibility - Securities and Exchange Board of India (Research Analysts) Regulations, 2014

General responsibility. 24. (1) Research analyst or research entity shall maintain an arms-length relationship between its research activity and other activities. (2) Research analyst or research entity shall abide by Code of Conduct as specified in Third Schedule . (3) In case of change in control of the research analyst or research entity, prior approval from the Board shall be taken. (4) Research analyst or research entity shall furnish to the Board information and reports as may be specified by the Board from time to time. (5) It shall be the responsibility of the research analyst or research entity to ensure that its employees or partners, as may be applicable, comply with the certification and qualification requirements under regulation 7 at all times. 1 [ (6) A research analyst or research entity shall disclose to the client the terms and conditions as may be specified by the Board and take consent of the client on such terms and conditions in such manner as may be specified by the Board. (7) A research analyst or research entity who uses Artificial Intelligence tools, irrespective of the scale and scenario of adoption of such tools, for servicing its clients shall be solely responsible for the security, confidentiality and integrity of the client data, use of any other information or data for research services, research services based on output of Artificial Intelligence tools and compliance with any law for the time being in force. (8) Research analyst or research entity engaged in providing model portfolio shall abide by the guidelines issued by the Board from time to time. ] 2 [ (9) A research analyst shall ensure compliance with the Investor Charter specified by the Board from time to time. ] **************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/220 dated 16-12-2024 2. Inserted vide F. No. SEBI/LAD-NRO/GN/2025/228 dated 10-02-2025