IFSCA Approves Third-Party Fund Management Services Framework

The International Financial Services Centres Authority (‘IFSCA’), in its meeting held on June 24, 2025 has, inter alia, approved pivotal amendments to the IFSCA (Fund Management) Regulations, 2025, facilitating the introduction of Third - Party Fund Management Services, commonly referred to as the “Platform Play” model, with in IFSC.

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