How much space is required to set up an office for AP?

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• If I run my AP office from home without a trader terminal, do I still need to maintain registers and display notice boards?

  Yes, all compliance requirements for an AP must be adhered to at all times, regardless of the office location or whether a trader terminal is being used. This includes maintaining all mandatory registers and prominently displaying all required notice ...

• Can you please repeat the display requirements for the AP office?

  Yes. The following boards and documents must be prominently displayed on the walls of the AP’s office and must be of permanent nature: 1. IIFL Notice Boards for NSE, BSE, MCX, and NCDEX. 2. IIFL SEBI Registration Certificate. 3. SEBI Investor ...

• What documents are required for the audit?

  A questionnaire in Word format will be emailed to you. You are required to fill it out, sign it, and send it back along with the following documents: Bank account statements (last 12 months) Demat account statements (last 12 months) The auditor will ...

• Can I introduce a Sub-AP under my name?

  No, there is no concept of a Sub-Authorized Person (Sub-AP) under current regulations. This is not allowed. However, as an AP, you may set up your own branches, provided these branches are properly registered with IIFL.

• How do I set up a device lock?

  To set up a device lock: Go to your device’s Settings. Choose a lock option such as PIN, pattern, fingerprint, or facial recognition. Follow the on-screen instructions to complete the setup. Once your device lock is set up, you will be able to use it ...