Editorial Note: This article is written with editorial review and topic relevance in mind.
A fme intending to offer platform play services should seek specific authorisation from the ifsca. Ifsca has released a circular dated february 20, 2025, specifying the manner of appointment of and change of kmps after registration has been obtained by fme. The international financial services centres authority (ifsca) has released a comprehensive consultation paper proposing amendments to the ifsca (fund management).
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“fund management entity (fme)” means an entity registered with the authority as a fund management entity under any of the categories specified in these regulations; Some of the key features of the platform play amendments are as follows: The international financial services centres authority (ifsca) has been established to regulate and develop financial services in the international financial services centres (ifscs).
Following this review, ifsca notified the ifsca (fund management) regulations, 2025 (“ fm regulations 2025 ”) on february 19, 2025.
Below are some of the key changes introduced. Under chapter iii of ifsca (fm) regulations, 2025,. The international financial services centres authority ( ifsca ) has notified the ifsca (fund management) regulations, 2025 ( fm regulations, 2025 ), introducing a refreshed. Ifsca (fm) regulations, 2025 defines ‘scheme’ or ‘fund’ as a scheme of a fund management entity (fme) launched under these regulations.
