Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Repeal and saving framework preserves prior investment actions while requiring existing IFSC insurance offices to meet additional requirements. Actions taken or purportedly taken under the superseded investment regulations and master circular before commencement are preserved and deemed taken ... Summary
Repeal and saving framework preserves prior investment actions while requiring existing IFSC insurance offices to meet additional requirements.
Actions taken or purportedly taken under the superseded investment regulations and master circular before commencement are preserved and deemed taken under corresponding provisions of the 2022 Regulations. An International Financial Services Centre Insurance Office operating before commencement must meet the additional requirements within six months of commencement, unless the Authority permits an extended period.
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