IFSCA Issues Circular in Regard to the Specification of Scheme Application Form for Registration of Scheme or Fund of Registered FMEs

IFSCA

On 06th February 2023, the International Financial Services Centres Authority (IFSCA) issued a Circular in regard to the the specifications of scheme application form for registration of scheme or fund of registered FMEs. This circular was issued through the excersice of powers as conferred under Regulation 146 SubRegulation (1) of the IFSCE (Fund Mangement) Regulations. 2022.

In order to further streamline the process of registration of scheme or fund in IFSC, a form is being specified. Henceforth, all the registered FMEs seeking registration for their scheme or fund in IFSC shall be required to submit the applicationin the format stated in Annexure I (attested in the official circular).

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