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<h1>Capital Market Intermediary definitions clarify registration scope, duties, governance and financial thresholds under the IFSC regime.</h1> The regulations provide a comprehensive definitional framework for entities and activities regulated as Capital Market Intermediaries in an IFSC, specifying categories of intermediaries (broker dealers, custodians, clearing members, investment advisers, research entities, credit rating agencies, debenture trustees, distributors), the services they perform, and operational constructs (recognised exchanges, depositories, clearing corporations, Single Window IT System, inspecting authority). They define relational and governance concepts-associate, control, net worth, compliance officer, principal officer-and include provisions for ESG products, foreign jurisdiction recognition, and reliance on definitions in the enabling statutes.