The International Financial Services Centres Authority (IFSCA) on August 05, 2024, issued a Consultation Paper on Review of IFSCA (Fund Management) Regulations, 2022
These proposals have been broadly categorized under the following 3 categories (or a combination of these):
•Proposals aimed at enhancing Ease of Doing Business (EoDB)
•Proposals aimed at introducing additional Safeguards
•Proposals aimed to provide Clarifications
The list of the provisions of the FM Regulations which are proposed to be amended and the rationale for the same, along with the proposed text of the amendment, is placed in Annexure 2 attached to the document.
Comments may be sent latest by August 26, 2024.
