Power to specify norms, procedures, issue clarifications and remove difficulties
Regulation 146
Power to specify norms, procedures, issue clarifications and remove difficulties
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter XI · Power to Relax, Issue Clarifications and Specify Additional Requirements
Chapter XI · Power to Relax, Issue Clarifications and Specify Additional Requirements
Regulation 146 – Power to specify norms, procedures, issue clarifications and remove difficulties
Medium importance about 3 min
Relaxations, sandbox & closing: Relaxation powers, the sandbox, IFSCA's rule-making powers and the repeal/savings.
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In plain English
The Authority may specify norms, procedures and additional requirements through circulars, guidelines or directions, and may issue guidance notes/circulars to remove interpretation or application difficulties.
In plain English
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The rule, in its own words
Read the exact text of Regulation 146
146. (1) For the purposes of implementation of these regulations and matters incidental thereto, the Authority may specify norms, procedures, processes, additional requirements, etc. by way of circulars, guidelines or directions.
(2) In order to remove any difficulties in the interpretation or application of the provisions of these regulations, the Authority may issue directions through guidance notes or circulars.
Statutory text — Principal Regulations, 2025 (as amended to 30 January 2026), consolidated where amended. The notified Gazette text prevails. Tap a highlighted word for how it functions.
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What this means in practice
Compliance actions
- Applies to
- All FME categories
- Frequency
- Ongoing
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Where it connects
Read alongside
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Check yourself
Quiz Centre
Test yourself on Regulation 146
7 questions in the unified bank test this regulation. Each explains every option and cites the provision.
IFSCA may specify additional norms and procedures through circulars, guidelines or directions.
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Your notes
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Relaxations, sandbox & closing