IFSCA Sets Procedure for ‘Fund Management Entity’ (FME) to Appoint or Change KMPs Post-Registration

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  • By Chetan Kulasri
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  • Last Updated on 22 February, 2025

KMP Appointment Procedure for FMEs

Circular F. No. IFSCA-IF-10PR/1/2023-Capital Markets/6, Dated: 20.02.2025

The IFSC Authority has prescribed the manner and procedure to be followed by a Fund Management Entity for effecting the appointment of or change to the Key Managerial Personnels (KMPs) subsequent to the grant of registration by the Authority to the FME. The FME shall file an intimation to the Authority regarding the proposal to appoint or change a KMP in the prescribed format. This circular shall come into force with immediate effect.

Click Here To Read The Full Circular

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