https://www.taxtmi.com/acts?id=35849 Certain domestic regulatory provisions do not apply to IFSC entities: stock exchanges are exempt from the requirement to credit twenty five per cent of profits to clearing corporation funds, depositories are exempt from crediting twenty five per cent of profits to investor protection funds, and specified transitory provisions and regulatory chapters do not apply to stock exchanges, clearing corporations and depositories operating in the IFSC. These entities must adopt broader governance principles prescribed by IOSCO and the Principles for Financial Market Infrastructures and any additional norms specified by the Board. en-us Thu, 31 Jan 2019 18:20:04 +0530 Fri, 01 Feb 2019 10:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35849 Certain domestic regulatory provisions do not apply to IFSC entities: stock exchanges are exempt from the requirement to credit twenty five per cent of profits to clearing corporation funds, depositories are exempt from crediting twenty five per cent of profits to investor protection funds, and specified transitory provisions and regulatory chapters do not apply to stock exchanges, clearing corporations and depositories operating in the IFSC. These entities must adopt broader governance principles prescribed by IOSCO and the Principles for Financial Market Infrastructures and any additional norms specified by the Board. Act-Rules SEBI Thu, 31 Jan 2019 18:20:04 +0530 https://www.taxtmi.com/acts?id=35849