Permitted TechFin Services encompass digital infrastructure, financial technology, and regulated outsourcing, with scope for further authorised services. Permitted TechFin Services include cloud computing, cybersecurity, data-centre services, IT infrastructure, regulatory and supervisory technology, ... Summary
Referred In :
International Financial Services Centres Authority (Techfin and Ancillary Services) Regulations, 2025
Permitted TechFin Services encompass digital infrastructure, financial technology, and regulated outsourcing, with scope for further authorised services.
Permitted TechFin Services include cloud computing, cybersecurity, data-centre services, IT infrastructure, regulatory and supervisory technology, payment-system technology, and solutions supporting trade finance and digital banking. Services using artificial intelligence, digital identity and KYC/AML/CFT tools, fraud prevention, distributed ledger technology, internet of things, metaverse technology, quantum technology and Web 3.0 are included. Outsourced services may qualify when permitted for a home-jurisdiction regulated entity, and further services may be permitted from time to time.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.