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    <title>Clarification to SEBI (IFSC) Guidelines, 2015 - Liquidity Enhancement Scheme (LES) Circular</title>
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    <description>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&#039;s powers to protect investors and regulate the securities market.</description>
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