{"id":101213,"date":"2026-05-01T13:44:05","date_gmt":"2026-05-01T08:14:05","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=101213"},"modified":"2026-05-01T14:27:50","modified_gmt":"2026-05-01T08:57:50","slug":"past-risk-and-return-verification-agency","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/past-risk-and-return-verification-agency\/","title":{"rendered":"Past Risk and Return Verification Agency (PaRRVA)"},"content":{"rendered":"<h2><b>Past Risk and Return Verification Agency (PaRRVA) Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Securities and Exchange Board of India (SEBI) has operationalised the Past Risk and Return Verification Agency (PaRRVA).<\/span><\/p>\n<h2><b>About Past Risk and Return Verification Agency (PaRRVA)<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It is a <\/span><b>regulatory initiative<\/b><span style=\"font-weight: 400;\"> designed to bring transparency and standardization to performance claims made by financial intermediaries.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It has been operationalised by the <\/span><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/securities-and-exchange-board-of-india-sebi\/\" target=\"_blank\"><b>Securities and Exchange Board of India (SEBI)<\/b><\/a><\/li>\n<li><b>Designated Entities:<\/b><span style=\"font-weight: 400;\"> CARE Ratings Limited has been granted recognition as the PaRRVA and the <\/span><b>National Stock Exchange of India Limited<\/b><span style=\"font-weight: 400;\"> (NSE) will function as the <\/span><b>PaRRVA Data Centre (PDC).<\/b><\/li>\n<li><b>The following entities can Use PaRRVA<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Investment Advisers (IA)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Research Analysts (RA)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Trading Members (TM)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Investors seeking verified performance data<\/span><\/li>\n<\/ul>\n<\/li>\n<li aria-level=\"1\"><b>Features<\/b><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It will <\/span><b>enable regulated entities<\/b><span style=\"font-weight: 400;\"> such as investment advisers, research analysts, and algorithmic trading service providers to showcase their verified performance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It will<\/span> <span style=\"font-weight: 400;\">enable i<\/span><b>nvestors to access reliable and standardised data <\/b><span style=\"font-weight: 400;\">for informed decision-making.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Additionally, regulated entities will be permitted to <\/span><b>use PaRRVA-verified performance in their advertisements<\/b><span style=\"font-weight: 400;\">, in line with SEBI\u2019s regulatory provisions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It ensures that all <\/span><b>risk-return metrics<\/b><span style=\"font-weight: 400;\"> presented to investors are independently verified and compliant with SEBI guidelines.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.newsonair.gov.in\/sebi-operationalises-parrva-to-boost-transparency-and-investor-protection\/\" target=\"_blank\" rel=\"nofollow noopener\">News on Air<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Past Risk and Return Verification Agency (PaRRVA) is a regulatory initiative designed to bring transparency and standardization to performance claims made by financial intermediaries.<\/p>\n","protected":false},"author":24,"featured_media":101260,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[7265,21,22,23],"class_list":{"0":"post-101213","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-past-risk-and-return-verification-agency","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=101213"}],"version-history":[{"count":5,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101213\/revisions"}],"predecessor-version":[{"id":101304,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101213\/revisions\/101304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/101260"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=101213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=101213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=101213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}