Regulatory Alerts2021-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No. 4) Rules 2021
The Financial Services Commission issued these rules to amend the consolidated licensing and fees schedule effective 4 September 2021. The amendments introduce a new fee structure for crowdfunding activities, specifying fixed amounts of Rs 40,000 or Rs 80,000 alongside a 0.35 percent charge on gross fees. Additionally, the rules impose an extra annual fee of Rs 200,000 for entities authorized to operate as real estate investment trusts across multiple existing license categories.
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