{"id":361878,"date":"2026-04-30T15:30:48","date_gmt":"2026-04-30T10:00:48","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=361878"},"modified":"2026-04-30T15:30:48","modified_gmt":"2026-04-30T10:00:48","slug":"past-risk-and-return-verification-agency-parrva","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/past-risk-and-return-verification-agency-parrva\/","title":{"rendered":"Past Risk and Return Verification Agency (PaRRVA)"},"content":{"rendered":"<p><strong>News:<\/strong> The Securities and Exchange Board of India (SEBI) has operationalised the Past Risk and Return Verification Agency (PaRRVA) to bring transparency and standardisation to performance claims made by financial intermediaries.<\/p>\n<h2>About Past Risk and Return Verification Agency (PaRRVA)<\/h2>\n<figure id=\"attachment_361881\" aria-describedby=\"caption-attachment-361881\" style=\"width: 367px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-361881 \" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Screenshot_30-4-2026_12816_www.youtube.com_.jpeg?resize=367%2C314&#038;ssl=1\" alt=\"Past Risk and Return Verification Agency (PaRRVA)\" width=\"367\" height=\"314\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Screenshot_30-4-2026_12816_www.youtube.com_.jpeg?resize=300%2C257&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Screenshot_30-4-2026_12816_www.youtube.com_.jpeg?w=672&amp;ssl=1 672w\" sizes=\"auto, (max-width: 367px) 100vw, 367px\" \/><figcaption id=\"caption-attachment-361881\" class=\"wp-caption-text\">Source: NSE<\/figcaption><\/figure>\n<ul>\n<li data-pm-slice=\"0 0 []\">Past Risk and Return Verification Agency (<strong>PaRRVA<\/strong>) is a <strong>regulatory initiative<\/strong> designed<strong> to bring transparency and standardisation to performance claims made by financial intermediaries.<\/strong><\/li>\n<li><strong>Operationalized by:<\/strong> It has been operationalised by the <a href=\"https:\/\/forumias.com\/blog\/securities-and-exchange-board-of-india-sebi\/\"><strong>Securities and Exchange Board of India (SEBI)<\/strong><\/a>.\n<ul>\n<li><strong>Operation from:<\/strong> The agency will <strong>begin regular operations from May 4, 2026.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li data-pm-slice=\"0 0 []\"><strong>Aim:<\/strong> It aimed at<strong> enhancing transparency and investor protection in the financial markets.<\/strong><\/li>\n<li data-pm-slice=\"0 0 []\"><strong>PaRRVA recognised:\u00a0 CARE Ratings Limited<\/strong> has been granted <strong>recognition as the PaRRVA.<\/strong><\/li>\n<li data-pm-slice=\"0 0 []\"><strong>PaRRVA Data Centre (PDC):<\/strong> <strong><a href=\"https:\/\/forumias.com\/blog\/nse\/\">National Stock Exchange of India<\/a> Limited (NSE)<\/strong> will function as the<strong> PDC<\/strong>.<\/li>\n<li data-pm-slice=\"0 0 []\"><strong>Beneficiary: <\/strong>The following\u00a0entities can use PaRRVA:\n<ul class=\"list-disc list-inside text-white\/90 space-y-2\">\n<li>Investment Advisers (IA)<\/li>\n<li>Research Analysts (RA)<\/li>\n<li>Trading Members (TM)<\/li>\n<li>Investors seeking verified performance data<\/li>\n<\/ul>\n<\/li>\n<li><strong>Function:<\/strong>\n<ul>\n<li><strong> Investor protection and promotion of Market integrity:<\/strong> It will <strong>enable regulated entities<\/strong> such as <strong>investment advisers, research analysts, and algorithmic trading service<\/strong> <strong>providers<\/strong> to <strong>showcase <\/strong>their <strong>verified performance<\/strong>.<\/li>\n<li><strong>Data-driven decisions:<\/strong> It will also <strong>allow investors to access reliable and authenticated performance data<\/strong>, improving informed decision-making.<\/li>\n<li><strong>Regulatory compliance:<\/strong> Regulated entities will be<strong> permitted to use PaRRVA-verified performance<\/strong> in their advertisements, in line with SEBI\u2019s regulatory provisions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Securities and Exchange Board of India (SEBI) has operationalised the Past Risk and Return Verification Agency (PaRRVA) to bring transparency and standardisation to performance claims made by financial intermediaries. About Past Risk and Return Verification Agency (PaRRVA) Past Risk and Return Verification Agency (PaRRVA) is a regulatory initiative designed to bring transparency and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/past-risk-and-return-verification-agency-parrva\/\">Continue reading <span class=\"screen-reader-text\">Past Risk and Return Verification Agency (PaRRVA)<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872,12085],"class_list":["post-361878","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","tag-news-on-air","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/361878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=361878"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/361878\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=361878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=361878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=361878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}