Regulation 53
Special Situation Funds
IFSCA (Fund Management) Regulations, 2025No change in 2026Chapter III · Schemes for Fund Management
Chapter III · Schemes for Fund Management
Regulation 53 –
Low importance about 3 min
Special Situation Funds: Distressed-asset funds — what they can hold, how they are structured and their limits.
1
In plain English
A may launch a Special Situation Fund under this Part.
In plain English
2
The rule, in its own words
Read the exact text of Regulation 53
53. A Registered FME may launch a special situation fund in accordance with the provisions of this Chapter.
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.
3
What this means in practice
- Applies to
- Registered FME
- Frequency
- Reference
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Where it connects
Read alongside
5
Check yourself
Quiz Centre
Test yourself on Regulation 53
2 questions in the unified bank test this regulation. Each explains every option and cites the provision.
A Special Situation Fund may be launched by a Registered FME.
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Your notes
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Special Situation Funds