IFSCA on January 27, 2026, notified the IFSCA (Fund Management) (Amendment) Regulations, 2026, introducing: (i) revised experience requirements for Key Managerial Personnel (KMP), with reduced thresholds for individuals holding valid certifications specified by IFSCA; (ii) option for FMEs to extend validity of Private Placement Memorandum (‘PPM’) by six months upon payment of 25% of the applicable scheme filing fee for the first extension and 50% for subsequent extensions; (iii) requirement for open-ended schemes to achieve minimum corpus of USD three million before investing in unlisted securities; (iv) additional grounds for winding up of schemes; and (v) extended timeline of 24 months for appointment of custodian in IFSC.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
