INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY (IFSCA)
Oct. 22, 2020
The International Financial Services Centres Authority (IFSCA) prescribed the regulatory framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC.
About:
IFSCA has permitted global participants i.e. REITs and InvITs incorporated in FATF compliant jurisdictions to list on the stock exchanges in GIFT IFSC. Additionally, InvITs have been permitted to raise funds through private placements also," an official statement said.
The REITs and InvITs registered in International Financial Services Centre (IFSC) have been permitted to invest in real estate assets and infrastructure projects respectively in IFSC, India and other foreign jurisdictions.
The listing of REITs and InvITs in IFSC shall be in accordance with the requirements of the stock exchanges in IFSC.
Dear Student,
You have still not entered your mailing address. Please enter the address where all the study materials will be sent to you. (If applicable).