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of <h1>SEBI Allows Clearing Corporations in IFSC to Invest in AAA-Rated Foreign Sovereign Securities, Capped at 10% of Resources.</h1> The Securities and Exchange Board of India (SEBI) has updated the investment policy for clearing corporations in the International Financial Services Centre (IFSC). Clearing corporations are now permitted to invest their own funds, excluding those in the Core Settlement Guarantee Fund, in AAA-rated foreign sovereign securities. However, these investments must not exceed ten percent of the total investible resources. This decision aims to safeguard investor interests and support the development and regulation of the securities market, as per the authority granted under Section 11 (1) of the SEBI Act, 1992.
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