Question

    According to the February 2024 IFSCA circular, which entity's Net Worth must be maintained at all times as per the IFSCA (Fund Management) Regulations, 2022?

    A Clearing Corporations Correct Answer Incorrect Answer
    B Fund Management Entities (FMEs) Correct Answer Incorrect Answer
    C Payment Service Providers (PSPs) Correct Answer Incorrect Answer
    D Stock Exchanges Correct Answer Incorrect Answer
    E Depositories Correct Answer Incorrect Answer

    Solution

    Fund Management Entities (FMEs) in International Financial Services Centres (IFSCs) are required to maintain the specified  Net Worth  at all times under the IFSCA (Fund Management) Regulations, 2022.

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