https://www.taxtmi.com/acts?id=35852 IFSC intermediaries may provide services only to defined client categories: non residents, non resident Indians, Indian financial institutions eligible under FEMA for outward investment, and residents eligible under FEMA to remit abroad under the Liberalized Remittance Scheme, subject to Board minimum investment and RBI guidelines. Intermediaries must appoint a senior management Designated Officer for regulatory compliance. Investment advisory and portfolio management require similar client eligibility with an added net worth threshold for resident clients. Portfolio managers may invest in IFSC listed securities, securities of IFSC incorporated companies, and securities of foreign jurisdiction companies. en-us Thu, 31 Jan 2019 18:21:18 +0530 Fri, 01 Feb 2019 10:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35852 IFSC intermediaries may provide services only to defined client categories: non residents, non resident Indians, Indian financial institutions eligible under FEMA for outward investment, and residents eligible under FEMA to remit abroad under the Liberalized Remittance Scheme, subject to Board minimum investment and RBI guidelines. Intermediaries must appoint a senior management Designated Officer for regulatory compliance. Investment advisory and portfolio management require similar client eligibility with an added net worth threshold for resident clients. Portfolio managers may invest in IFSC listed securities, securities of IFSC incorporated companies, and securities of foreign jurisdiction companies. Act-Rules SEBI Thu, 31 Jan 2019 18:21:18 +0530 https://www.taxtmi.com/acts?id=35852