Net Worth requirements

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....orth requirements (1) An Electronic Trading Platform Operator set up as a company in the IFSC shall, at all times,, maintain a Net Worth of at least USD 200,000 or its equivalent in any specified f....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd scale of its business. (4) An Electronic Trading Platform Operator shall, within six months from the closure of every financial year, submit an audited Net Worth certificate to the Authority. ....