Sebi proposes relaxing rules for stock brokers to operate from GIFT city, may end NOC requirement

March 21, 2025

Sebi:Sebi proposes removing the requirement for stock brokers to obtain a no-objection certificate (NOC) to operate in GIFT-IFSC under a Separate Business Unit (SBU). Regulatory oversight, risk management, and investor grievance redressal will fall under the respective authority’s jurisdiction.

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