ARTICLE · 05 MARCH 2025

Key Reforms Introduced Under The International Financial Services Centre Authority (Fund Management) Regulations, 2025

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The International Financial Services Centre Authority (‘IFSCA'), in its 42nd meeting held on 19 December 2024, had approved a proposal to review the existing IFSCA...

IndiaFinance and Banking

Aurtus Consulting LLP

BACKGROUND

The International Financial Services Centre Authority ('IFSCA'), in its 42^nd meeting held on 19 December 2024, had approved a proposal to review the existing IFSCA (Fund Management) Regulations, 2022 which were notified in April 2022 ('FME Regulations 2022'). The key proposals introduced in the meeting, were based on the experience gained and feedback received from market participants through exhaustive consultation process undertaken by IFSCA.

Pursuant to the above consultative process and in line with the proposals approved by the IFSCA in December 2024, the IFSCA has now notified the IFSCA (Fund Management) Regulations, 2025 ('FME Regulations 2025') on February 19, 2025, which would replace the IFSCA (Fund Management) Regulations, 2022.

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