New Enroll in RBI Grade B New Batch - Starts on May 21

    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?
    A Retail Schemes Correct Answer Incorrect Answer
    B Exchange Traded Funds Schemes Correct Answer Incorrect Answer
    C Venture Capital Schemes Correct Answer Incorrect Answer
    D Any schemes that market themselves as ESG-focused schemes Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    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.

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