GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATIONInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATIONInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
Repeal and savings framework preserves prior IFSC actions while transitioning market infrastructure regulation to the new regime. Regulation 73 repeals specified market infrastructure, depository and IFSC regulatory provisions upon commencement of the 2021 Regulations. Depository ... Summary
Repeal and savings framework preserves prior IFSC actions while transitioning market infrastructure regulation to the new regime.
Regulation 73 repeals specified market infrastructure, depository and IFSC regulatory provisions upon commencement of the 2021 Regulations. Depository participant and issuer provisions continue to apply in an IFSC. Prior actions under the displaced framework are preserved and deemed to have been taken under corresponding provisions of the 2021 Regulations. A specified circular is superseded, while other applicable circulars and guidelines remain in force until replaced by regulations, circulars or guidelines issued by the Authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.