Millennium Post

Sebi issues new guidelines for IFSC alternative investment funds

Sebi issues new  guidelines for IFSC alternative investment funds

New Delhi: Markets regulator Sebi on Monday issued a detailed guidelines for setting up of alternative investment funds in international financial services centres, pertaining to registration, compliance requirements and restrictions. For registration as Alternative Investment Funds (AIFs), Sebi said any fund established or incorporated under IFSC in the form of a trust or a company or a limited liability partnership or a body corporate, can seek registration under the regulations.

An AIF operating in IFSC is permitted to make investment, the Securities and Exchange Board of India (Sebi) said in a circular. Earlier, AIFs were permitted to invest in India through the FPI route, governing permissible investments by those funds operating in international financial services centres (IFSCs).

Team MP

Team MP

Our contributor helps bringing the latest updates to you


Share it
Top