Article
IFSCA Proposes Changes To The Framework For Secondary Listing Of ETFs In IFSC
IFSCA has proposed amendments to allow ETFs and Investment Trusts already listed in India or foreign jurisdictions to obtain secondary listings on IFSC exchanges without requiring their managers to establish as Fund Management Entities in the IFSC. The consultation paper introduces new eligibility criteria for managers and ETFs, local representative requirements, and enhanced disclosure obligations that could significantly broaden the range of investment products available through IFSC exchanges.
Lakshmikumaran & Sridharan