Issuance, listing and trading of debt securities on exchanges in International Financial Services Centres (IFSC)

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....t securities on exchanges in International Financial Services Centres (IFSC) In continuation of guidelines on debt securities contained in Chapter V 'Issue of Debt Securities' of SEBI (IFSC) Guidelines, 2015 and based on the representations received from stock exchanges and market participants in IFSC, it has been decided that for issuing debt securities in IFSC, stock exchanges shall evolve a de....

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....ecurities are intended to be listed. Further, it has been decided that the stock exchanges in IFSC shall evolve a detailed framework prescribing the initial and continuous listing requirements including corporate governance to be complied with by the issuers whose securities are listed/proposed to be listed on stock exchanges in IFSC. Stock exchanges shall submit the listing framework, and the su....

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....s only. The reporting for a trade must be done by the buyer and the seller on the same platform to ensure matching of both sides of the trades. Clearing Corporations shall submit the clearing and settlement framework, and the subsequent changes made thereto, for debt securities to SEBI for approval. 4. 'Person resident in India' shall not invest or trade in Rupee denominated bonds issued and/or ....