Liquidity Enhancement Scheme exemption applies to all IFSC products, clarifying prior guidance and enabling uniform implementation. The circular confirms that the exemption previously granted to stock exchanges in the IFSC to introduce the Liquidity Enhancement Scheme without complying with certain earlier circular requirements applies to all products traded in the IFSC, permitting uniform application of LES across product lines and was issued under SEBI's powers to protect investors and regulate the securities market.
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.
Liquidity Enhancement Scheme exemption applies to all IFSC products, clarifying prior guidance and enabling uniform implementation.
The circular confirms that the exemption previously granted to stock exchanges in the IFSC to introduce the Liquidity Enhancement Scheme without complying with certain earlier circular requirements applies to all products traded in the IFSC, permitting uniform application of LES across product lines and was issued under SEBI's powers to protect investors and regulate the securities market.
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