Recognition requirement for IFSC market infrastructure institutions bars operating or organising exchanges, clearing corporations, or depositories without approval. Recognition is mandatory for any person seeking to conduct, organise, or assist in organising a stock exchange, clearing corporation, or depository in an ... Summary
Recognition requirement for IFSC market infrastructure institutions bars operating or organising exchanges, clearing corporations, or depositories without approval.
Recognition is mandatory for any person seeking to conduct, organise, or assist in organising a stock exchange, clearing corporation, or depository in an IFSC. Such activities may be undertaken only after obtaining recognition from the Authority in accordance with the applicable regulations.
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