SEBI GIFT City SBU Circular 2025: Boosting Ease of Business in GIFT-IFSC Overview The Securities and Exchange Board of India (SEBI) released a draft circular on March 21, 2025, soliciting public comments on an important reform aimed at enhancing business operations in India’s financial sector. This circular enables SEBI-registered stock brokers to engage in securities market-related activities within the Gujarat International Finance Tec-City (GIFT-IFSC) through a Separate Business Unit (SBU) under the same legal […]

Low-ticket Gift City funds are almost here. But what holds them back? Understanding the Challenges of Launching Retail Funds in Gift City Navigating Taxation Complexities to Unlock Investment Opportunities Gift City’s potential as a hub for low-ticket retail funds is clear, yet certain crucial challenges must be addressed, particularly in taxation regulations. In today’s competitive financial landscape, understanding these hurdles is vital for asset managers and foreign investors looking to tap into India’s vibrant market. […]

IFSCA Fund Management Regulations 2025: A Comprehensive Guide The International Financial Services Centres Authority (IFSCA) has introduced the Fund Management Regulations, 2025, aimed at streamlining and enhancing fund management activities within International Financial Services Centres (IFSCs). These regulations provide a structured framework for fund managers, alternative investment funds (AIFs), portfolio managers, and collective investment schemes (CIS), ensuring greater transparency, efficiency, and compliance in fund management operations. Key Objectives of the Fund Management Regulations, 2025 The […]

Amendment to SNRR Accounts Regulations: Enhancing IFSC Transactions The International Financial Services Centres Authority (IFSCA) has issued an important amendment to the circular dated January 29, 2025, regarding permissible transactions through Special Non-Resident Rupee (SNRR) accounts of IFSC Units. This revision aims to improve the regulatory framework, facilitate seamless transactions, and strengthen India’s position as a global financial hub. Understanding SNRR Accounts and Their Importance Special Non-Resident Rupee (SNRR) accounts are a vital part of […]

IFSCA KMP Appointment Guidelines 2025: Key Regulations for Fund Management Entities The IFSCA KMP Appointment Guidelines 2025 outline the regulatory framework for the appointment and change of Key Managerial Personnel (KMP) within Fund Management Entities (FMEs). These guidelines, issued by the International Financial Services Centres Authority (IFSCA), aim to ensure compliance, transparency, and enhanced governance in the financial ecosystem of India’s International Financial Services Centres (IFSCs). Understanding Key Managerial Personnel (KMP) in Fund Management Entities […]