IFSCA Informal Guidance Framework
Written By
Share
-
Link copied to clipboard!https://treelife.in/news/ifsca-informal-guidance-framework/
-
-
-
-
Blog Content Overview
The IFSCA issued a consultation paper yesterday proposing an “informal guidance” framework, summarized below:
Who can request:
- Existing players in IFSCA
- Persons intending to undertake business in IFSC
- Others as may be specified
Types of guidance:
- No-Action Letters: Request IFSCA to indicate whether or not it would take any action if the proposed activity/ business/ transaction is carried out
- Interpretive Letters: Request for IFSCA’s interpretation of specific legal provisions
Process:
Application fee: USD 1,000
IFSCA aims to respond to requests within 30 days
The consultation paper invites stakeholders / public to submit feedback by September 10, 2024 via email This is a proactive approach by the IFSCA to foster transparency and provide support to entities operating or looking to operate within the IFSC, ensuring that they have the necessary guidance to comply with the evolving regulatory landscape.
About the Author
Share
-
Link copied to clipboard!https://treelife.in/news/ifsca-informal-guidance-framework/
-
-
-
-
We Are Problem Solvers. And Take Accountability.
Related Posts
Compliance Calendar May 2026 – GST, TDS, PF, ESI & Advance Tax Deadlines
Sync with Google Calendar Sync with Apple Calendar Plan your May filings in one place. Figures and forms are mapped...
Learn More
Co-founder equity structure in India: Why a co-founders’ agreement may not be enough
The co-founder agreement is the easy part. The hard part is making sure the AOA, the shareholders' agreement, and the...
Learn More
How to Raise Capital for an AIF in India: LP Strategy for First-Time GPs
You have SEBI registration (or in-principle approval). You have a thesis. What you don't have yet is committed capital. That...
Learn More
© 2025 Treelife Ventures Services Private Limited. All Rights Reserved.