IFSC fund management registration requires accurate disclosures, fit and proper persons, local key activities, and ongoing regulatory compliance. Registration applications for fund management activities in an IFSC must be filed through the SWIT platform with declarations on the accuracy of ... Summary
International Financial Services Centres Authority Act, 2019
IFSC fund management registration requires accurate disclosures, fit and proper persons, local key activities, and ongoing regulatory compliance.
Registration applications for fund management activities in an IFSC must be filed through the SWIT platform with declarations on the accuracy of information, conformity with the applicant's object clause and fitness and propriety of specified persons. Applicants must ringfence branch operations where applicable, notify material changes, undertake investment decisions, portfolio management and grievance handling from the IFSC, and maintain required key management personnel there. They remain subject to continuing compliance obligations and must provide further information sought by IFSCA.
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