Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendment

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....: Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendment Kindly refer to SEBI (IFSC) Guidelines, 2015 which were notified by SEBI on March 27, 2015 and SEBI Circular SEBI/HO/CIR/P/2017/85 dated July 27, 2017. 2. In order to further streamline the operations at IFSC, based on consultations held with the stakeholders, it has been decided to a....

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....ive per cent of the paid up equity share capital in a recognised clearing corporation in IFSC, subject to applicable law: Provided further that i) any other stock exchange, ii) a clearing corporation, iii) a depository, iv) a banking company, v) an insurance company, whether Indian or of foreign jurisdiction for (i) to (v) vi) a public financial institution of Indian jurisdiction, ....