Fund Management Entity registration in IFSC sets legal-form, branch ring-fencing, capital, and independent-director requirements for retail FMEs.

Registration of a Fund Management Entity in an IFSC requires constitution as a company, LLP, branch, or another Authority-permitted form. A Registered FME (Retail) cannot be an LLP or branch. Branches are limited to FMEs already regulated for similar activities and must be ring-fenced by the parent, supported by continuously earmarked minimum capital. Constitutional documents must authorise fund management. A Registered FME (Retail) requires at least four directors, at least half of whom must be independent and unassociated with the FME.

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