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of <h1>SEBI Updates Guidelines: IFSC Investment Advisers Need $700,000 Net Worth, Existing Entities Can Register Without New Entity.</h1> The Securities and Exchange Board of India (SEBI) issued clarifications regarding the operating guidelines for Investment Advisers in the International Financial Services Centre (IFSC). The net worth requirement for registered Investment Advisers in IFSC has been revised to USD 700,000. Additionally, existing recognized entities in IFSC can apply for Investment Adviser registration without forming a separate company or LLP. These clarifications are made under the authority of the Securities and Exchange Board of India Act, 1992, to safeguard investor interests and regulate the securities market.
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