IFSCA permits registered broker dealers to provide market access to investors via authorized persons based in India

IFSCA vide circular no. F.No. 68/IFSCA/MRD-AP/2020-21 dated Oct 14, 2020, had permitted Broker Dealers (registered with IFSCA) of the stock exchanges to provide market access to investors through Authorized Persons based in foreign jurisdictions. Based upon the representation received from various stakeholders IFSCA has now permit registered Broker Dealers to provide market access to investors via Authorized Persons based in India to expand the depth and reach of the capital markets in IFSC.IFSCA vide circular no. F.No. 68/IFSCA/MRD-AP/2020-21 dated Oct 14, 2020, had permitted Broker Dealers (registered with IFSCA) of the stock exchanges to provide market access to investors through Authorized Persons based in foreign jurisdictions. Based upon the representation received from various stakeholders IFSCA has now permit registered Broker Dealers to provide market access to investors via Authorized Persons based in India to expand the depth and reach of the capital markets in IFSC.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply