Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Sovereign credit ratings determine IIO equity exposure limits, buffers, and full permitted exposure for India and IFSC. Equity exposures of an International Financial Service Centre Insurance Office (IIO) in listed equities and equity-type instruments, including equity ... Summary
Sovereign credit ratings determine IIO equity exposure limits, buffers, and full permitted exposure for India and IFSC.
Equity exposures of an International Financial Service Centre Insurance Office (IIO) in listed equities and equity-type instruments, including equity mutual funds, preference shares, Category I and II alternative investment funds, and derivatives, are subject to sovereign-credit-rating-based limits. SCR-RC 1 permits maximum exposure of 100 per cent with no buffer, while lower investment-grade rating categories carry progressively reduced exposure limits and specified buffers. Equity exposures in India, including IFSC, carry a 100 per cent maximum and no buffer.
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