The IFSCA has released a consultation paper with an objective to seek comments and suggestions from the public and stakeholders on the proposal to expand list of jurisdictions for distribution of capital market products and /or services by distributors registered with IFSCA.
In order to enhance opportunities for business of distribution of capital market products for entities in the IFSC, it is proposed that the list of permissible jurisdictions for the activity of distribution of capital market products to any category of clients may be expanded with the inclusion of jurisdictions (in line with V-CIP framework) i.e UAE; Singapore; Australia; European Union excluding Croatia.
The proposed amendment aims to enhance opportunities for business of distribution of capital market products and services by Registered Distributors in the IFSC. Comments and suggestions may be submitted to IFSCA in prescribed format on or before August 07, 2026
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