International Financial Services Centres Authority (Techfin and Ancillary Services) Regulations, 2025 Chapter IV REQUIREMENT OF PRINCIPAL OFFICER AND COMPLIANCE OFFICER
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Principal and compliance officer appointments require full-time IFSC-based personnel, with limited approval-based flexibility for group-only service providers. TechFin and Ancillary Service Providers must appoint or designate a principal officer responsible for overall activities and a compliance officer ... Summary
Principal and compliance officer appointments require full-time IFSC-based personnel, with limited approval-based flexibility for group-only service providers.
TechFin and Ancillary Service Providers must appoint or designate a principal officer responsible for overall activities and a compliance officer responsible for compliance, record maintenance, implementation of applicable requirements, and organisational reporting. Principal officer appointment is optional, subject to approval, where services are exclusively provided to Group Entities in the IFSC. Both officers must be full-time employees and based in the IFSC.
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