IFSCA has notified the IFSCA (Fund Management) Regulations, 2022. Any entity, intending to undertake the business of fund management has to obtain registration certificate from IFSCA as a Fund Management Entity (FME) before commencing any business in International financial Service Centre. FME can get itself registered in any of 3 categories; Authorised FME, Registered FME (Non-Retail), Registered FME (Retail). Regulations also provide provisions w.r.t eligibility criteria, investment etc.IFSCA has notified the IFSCA (Fund Management) Regulations, 2022. Any entity, intending to undertake the business of fund management has to obtain registration certificate from IFSCA as a Fund Management Entity (FME) before commencing any business in International financial Service Centre. FME can get itself registered in any of 3 categories; Authorised FME, Registered FME (Non-Retail), Registered FME (Retail). Regulations also provide provisions w.r.t eligibility criteria, investment etc.taxmann.com Latest Statutory HappeningsRead More
