Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments

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..... s Centres) 2. All Registered Intermediaries (including those in International Financial Services Centres) Dear Sir / Madam, Subject: Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments Kindly refer to SEBI (IFSC) Guidelines, 2015 which were notified by SEBI on March 27, 2015 and SEBI Circular dated July 27, 2017. 2. In order to furt .....

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..... cquire or hold more than five per cent of the paid up equity share capital in a recognised stock exchange in IFSC, subject to applicable law. Provided that,- (a) a stock exchange, (b) a depository, (c) a banking company, (d) an insurance company, (e) a commodity derivatives exchange [whether Indian or of foreign jurisdiction for (a) to (e)] (g) a public financial institution of Ind .....

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