The Journey towards obtaining FME Registration from IFSCA: Understanding the Eligibility Criteria For any entity desiring to embark on the journey of acquiring registration as a Fund Management Entity (FME) from the International Financial Services Centres Authority (IFSCA), understanding and meeting the eligibility conditions, as stated in Chapter II of the Regulations, is of paramount importance. Along this journey, the applicant will encounter essential criteria that they must satisfy. These include: A track record and […]

Deep Dive into the Scope of Business and Currency Operations for IIIO Armed with a comprehensive understanding of the International Insurance Intermediary Offices (IIIO) functioning within the International Financial Services Centre (IFSC), we aim to delve deeper into the specifics and intricacies of their operation. Our key areas of discussion include the scope of business for an IIIO and the currency in which their operations can be conducted. Unfolding the Scope of Business for an […]

Examining the Legal Structures for Establishing a Fund Management Entity (FME) in IFSC Forming a Fund Management Entity (FME) within the International Financial Services Centres (IFSC) is a complex process, considering the multitude of legal structures available. Understanding these available structures is instrumental in ensuring successful establishment and operation of your FME. To facilitate this, we dive deep into the unique legal forms available for setting up an FME in IFSC. Formation Options for FMEs […]

Defined Activities under the umbrella of a Fund Management Entity (FME) As we delve deeper into the realm of Fund Management Entities (FMEs), variations in their operational activities become clear. Each category of FME, whether Authorised, Registered (Non-Retail), or Registered (Retail), presents a unique spread of activities supervised by their regulatory authority. Activities Undertaken by an Authorised FME An Authorised Fund Management Entity (Authorised FME) is endowed with several responsibilities under its jurisdiction. Venture Capital […]

About Registration Validity and Authority’s Discretion for IIIO in IFSC Understanding the nuances of the International Insurance Intermediaries Offices (IIIO) Regulations is integral for businesses operating in the International Financial Services Centre (IFSC). This guide, therefore, focuses on two critical topics – the validity of the certificate of IIIO registration, and the Authority’s right to refuse registration. Is the Certificate of Registration Granted to IIIO Perpetual? Contrary to what some might believe, the certificate of […]