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        SEBI

        Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments

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        IFSC membership eligibility expanded: Indian or foreign entities may form companies to serve as trading and clearing members. The amendment to Guideline 8(2) permits any entity based in India or in a foreign jurisdiction to form a company in an IFSC to act as a trading member of a stock exchange and/or a clearing member of a clearing corporation.
                          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.

                                IFSC membership eligibility expanded: Indian or foreign entities may form companies to serve as trading and clearing members.

                                The amendment to Guideline 8(2) permits any entity based in India or in a foreign jurisdiction to form a company in an IFSC to act as a trading member of a stock exchange and/or a clearing member of a clearing corporation.


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