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of <h1>SEBI Amends IFSC Guidelines: Expanded Issuer Definition Includes Indian Entities, Foreign Entities, and Supranational Organizations.</h1> The Securities and Exchange Board of India (SEBI) has amended the definition of 'issuer' in the International Financial Services Centres (IFSC) Guidelines, 2015. The revised definition includes: (i) entities incorporated in India seeking to raise capital in foreign currency, with necessary approvals under the Foreign Exchange Management Act, 1999 or relevant exchange control regulations; (ii) entities incorporated abroad permitted to issue securities outside their country of incorporation; and (iii) supranational, multilateral, or statutory organizations allowed to issue securities as per their constitution. This amendment aims to protect investor interests and regulate the securities market.
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