Ch.6 · Distributor Commission Structure · medium
What is a 'distributor agreement' signed between a distributor and an AMC?
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EXPLANATION
A distributor agreement is a legal contract between the AMC and the distributor that defines: the scope of distribution activities, compliance requirements (AMFI Code of Conduct, KYC, AML), commission structure, data handling obligations, and terms for termination. It is signed during the empanelment process.
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