SEBI issues Circular on investments by AIFs incorporated in IFSC

Aug 12, 2019 | by Avantis RegTech Legal Research Team

The Securities and Exchange Board of India (SEBI) on August 09, 2019, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, have decided to harmonize the provisions of SEBI (International Financial Services Centres) Guidelines, 2015 relating to securities in which Alternative Investment Funds (AIF) operating in IFSC can invest. 

Accordingly, AIFs incorporated in IFSC shall be permitted to make investments as per the provisions of the SEBI (Alternative Investment Fund) Regulations, 2012, and the guidelines and circulars issued thereunder, including the operating guidelines for AIFs in IFSC.

[Circular No. SEBI/HO/IFSC/CIR/P/2019/91]

 


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