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        SEBI

        Para 3 - Applicability and scope

        SEBI (International Financial Services Centres) Guidelines, 2015
        Chapter I
        PRELIMINARY

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        Recognition requirement: entities must obtain Board permission before organising or operating securities-market services in IFSCs. Entities proposing to organise or assist in organising exchanges, clearing corporations, depositories, or to provide other securities-market financial services in an IFSC must be recognised and obtain the Board's permission, comply with applicable registration or recognition requirements, and are subject to applicable securities laws; these Guidelines are subject to the Government of India's foreign investment guidelines.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Recognition requirement: entities must obtain Board permission before organising or operating securities-market services in IFSCs.

                                Entities proposing to organise or assist in organising exchanges, clearing corporations, depositories, or to provide other securities-market financial services in an IFSC must be recognised and obtain the Board's permission, comply with applicable registration or recognition requirements, and are subject to applicable securities laws; these Guidelines are subject to the Government of India's foreign investment guidelines.


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