REQUIREMENT OF PRINCIPAL OFFICER AND COMPLIANCE OFFICERInternational Financial Services Centres Authority (Techfin and Ancillary Services) Regulations, 2025
REQUIREMENT OF PRINCIPAL OFFICER AND COMPLIANCE OFFICERInternational Financial Services Centres Authority (Techfin and Ancillary Services) Regulations, 2025
IFSC registration requires certification before TechFin or ancillary operations, with transitional compliance for existing providers. Entities proposing to provide TechFin or Ancillary Services in an IFSC must obtain a certificate of registration before commencing operations. Existing ... Summary
IFSC registration requires certification before TechFin or ancillary operations, with transitional compliance for existing providers.
Entities proposing to provide TechFin or Ancillary Services in an IFSC must obtain a certificate of registration before commencing operations. Existing authorised ancillary service providers and TechFin entities must transition to registration within the prescribed period, subject to a limited extension granted by the Chairperson for recorded reasons. They remain governed by their existing regulatory frameworks until registration is granted. Registration may be issued upon a compliance declaration and the Authority's satisfaction that applicable requirements are met.
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