Clyde & Co is a leading, sector-focused global law firm with 415 partners, 2200 legal professionals and 3800 staff in over 50 offices and associated offices on six continents. The firm specialises in the sectors that move, build and power our connected world and the insurance that underpins it, namely: transport, infrastructure, energy, trade & commodities and insurance. With a strong focus on developed and emerging markets, the firm is one of the fastest growing law firms in the world with ambitious plans for further growth.
The Securities and Exchange Board of India on October 17, 2017 has issued a circular in order to further streamline the operations at International Financial Services Centres, based on the internal discussions...
The Securities and Exchange Board of India on October 17, 2017
has issued a circular in order to further streamline the operations
at International Financial Services Centres, based on the internal
discussions and consultations held with the stakeholders. It has
been decided to further amend Guideline 8(2) of SEBI (IFSC)
Guidelines, 2015, which shall now read as follows:
"Any entity based in India or in a foreign jurisdiction may
form a company in IFSC to act as a trading member of a stock
exchange and/or a clearing member of a clearing corporation in
IFSC."
This update is authored by Clasis Law, Clyde &
Co's associated firm in India
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