International Financial Services Centres Authority (Capital Market Intermediaries) (Amendment) Regulations, 2023
If same entity is operating as both distributor and investment advisor, an investment adviser shall maintain an arm’s length relationship between its activities as investment adviser and distributor by providing advisory services through a separately identifiable department or division.
Clarification to entities remitting the fee to International Financial Services Centres Authority in INR
The RBI reference rate is available at https://www.rbi.org.in/scripts/ReferenceRateArchive.aspx.
