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ARTICLE · 07 JUNE 2022

Various Changes Introduced By MOF IFSCA MCA & SEBI

A. Courses offered by foreign universities/institutions notified as a "financial service": Ministry of Finance has notified certain courses offered by foreign universities or foreign institutions...

IndiaCorporate/Commercial Law

FOREIGN UNIVERSITIES IN INDIA | FEE STRUCTURE UNDER THE IFSCA FUND MANAGEMENT REGULATIONS | FOREIGN EXCHANGE LAWS VIS-À-VIS DIRECTORS, SUBSCRIBERS, M&A | SEBI ISSUES GUIDELINES FOR SEEKING NOC TO SET UP WOS/SDS/JV IN GIFT IFSC | CERTAIN RELAXATIONS PROVIDED UNDER THE LODR REGULATIONS, TO LLP AND CSR REPORTINGS

CHANGES PERTAINING TO GIFT CITY

A. Courses offered by foreign universities/institutions notified as a "financial service": Ministry of Finance has notified certain courses offered by foreign universities or foreign institutions in the IFSC, as "financial service", hence, opening the gates for foreign universities to set up their presence in GIFT City.

B. Fee structure under the IFSCA (Fund Management) Regulations, 2022: Pursuant to the notification of the (Fund Management) Regulations, 2022, the International Financial Services Centre Authority (IFSCA) has issued a fee structure for applications to and registration with IFSCA, along with fees

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