Question
What types of schemes are covered under the disclosure
requirements provided by IFSCA for Fund Management Entities that intend to launch or manage ESG schemes?Solution
The International Financial Services Centres Authority (IFSCA) has provided disclosure requirements for Fund Management Entities that intend to launch or manage ESG (Environmental, Social, and Governance) schemes. These disclosure requirements apply to any of the following types of schemes that market themselves as ESG-focused schemes: retail schemes, exchange-traded funds schemes, and venture capital schemes. This means that if a Fund Management Entity is planning to launch or manage an ESG scheme in any of these categories, they must comply with the IFSCA's disclosure requirements.
A market which is dominated by a small number of firms and together they control majority of the market share is called?
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