The International Financial Services Centres Authority (IFSCA) on January 25, 2024, issued a notification regarding Accredited Investors in IFSC.
IFSCA hereby specifies the eligibility criteria for Accredited Investors and the modalities-
a.Individuals, Sole Proprietorships, one-person companies and any other legal form comprising of only a natural person.
b.Hindu Undivided Families (HUFs) in India and similar family structures in India and foreign jurisdictions, which are created solely for the benefit of the members of a single family.
c.Partnership firms
d.Trusts
e.Body corporates
[Notification No. IFSCA-IF-10PR/1/2023-Capital Markets]
