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    Question

    Under the IFSCA Listing Regulations 2024, which of the

    following bodies is authorized to approve ESG-labelled debt securities?
    A International Capital Market Association (ICMA) Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    C Financial Action Task Force (FATF) Correct Answer Incorrect Answer
    D World Bank Correct Answer Incorrect Answer
    E International Monetary Fund (IMF) Correct Answer Incorrect Answer

    Solution

    Regulation 76 recognizes ICMA as one of the standards for labelling debt securities as "green," "social," or "sustainability" bonds.

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