Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Updates Guidelines for Investment Advisers in IFSC: New Eligibility Criteria, Compliance Audit Required, Net Worth Rules Enhanced.</h1> The Securities and Exchange Board of India (SEBI) has amended the operating guidelines for Investment Advisers in the International Financial Services Centre (IFSC). The amendments include eligibility criteria for registration, specifying that entities must form a company or LLP unless already established in IFSC. Investment Advisers must provide services only to specified persons and comply with overseas regulations for non-resident clients. The net worth requirement must be independently met for each activity, and an annual compliance audit by a chartered accountant or company secretary is mandated. These changes aim to protect investors and regulate the securities market.