IFSCA is a unified authority for the development and regulation of financial products, financial services, and financial institutions in international financial services centers. About International Financial Services Centre (IFSC) An IFSC caters to customers outside the jurisdiction of the domestic ..
Category: Economy & Banking Current Affairs - 2024
The International Financial Service Centre recently granted permission for the Non-Banking Finance Companies to operate in Gujarat GIFT City. The NBFCs will now be allowed to offer whole range of services such as loans, investment banking, exotic derivative trades and ..
International Association of Insurance Supervisors (IAIS) is a voluntary membership organisation of insurance supervisors and regulators from more than 200 jurisdictions constituting 92% of the world’s insurance premiums. It is the international standard setting body in charge of developing and ..
IFSC International Retail Business Development Committee has presented its final report to IFSCA on November 11. The final report has recommendations on Capital Markets. The committee also made recommendations for the development of IFSC. Before this, the committee has submitted ..
International Financial Services Centres Authority (IFSCA) conducted a meeting on November 11 in New Delhi. The IFSC Authority approved the International Financial Services Centres Authority (Banking) Regulations, 2020 in the meeting. The draft banking regulations approved at the meeting opens ..
On October 22, 2020, the Injeti Srinivas Committee submitted its second interim report to the chairperson of International Financial Services Centres Authority (IFSCA). It was an IFSCA Expert Committee that was constituted to study about the international retail business development ..