Alerts & Updates 23rd Dec 2024
On December 19, 2024, at the 42nd meeting of the IFSCA Authority Board, a number of amendments to the IFSCA (Fund Management) Regulations, 2022 (“IFSCA FM Regulations”) were approved. These amendments seek to further the ease of doing business in an IFSC, clarify the intent of certain regulatory provisions and introduce additional safeguards for the protection of investors. Most of these amendments are based on a consultation paper issued by the IFSCA on August 5, 2024.
Our alert focuses on key amendments that have been approved by the IFSCA Authority Board.
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