NEWSFLASH- Review of IFSCA (Fund Management) Regulations, 2022

The International Financial Services Authority (IFSCA) has approved revisions to the IFSCA (Fund Management) Regulations, 2022, emphasizing ease of doing business, clarity, and investor protection. Key changes include reducing minimum corpus requirements, streamlining KMP appointment processes, easing restrictions on fund contributions, and introducing safeguards for related-party transactions. Additional updates focus on lowering Portfolio Management Services thresholds, enhancing flexibility for fund operations, and aligning regulations with market feedback. These amendments aim to support the growing fund management industry in IFSC while maintaining a robust regulatory framework.

Read more: https://shorturl.at/7FGiW