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
TechFin registration requires application, deficiency rectification, conditional in-principle approval, compliance, and disclosure of material changes. Registration as a TechFin and Ancillary Services Provider requires an application through SWIT with prescribed documents and fees. Deficiencies must be ... Summary
TechFin registration requires application, deficiency rectification, conditional in-principle approval, compliance, and disclosure of material changes.
Registration as a TechFin and Ancillary Services Provider requires an application through SWIT with prescribed documents and fees. Deficiencies must be communicated and may be rectified within thirty days before rejection, subject to a reasonable opportunity for written submissions. In-principle approval may carry conditions, which must be fulfilled within one hundred eighty days unless extended. Registration may then be granted conditionally and remains valid unless suspended, cancelled, or accepted for voluntary surrender. Material changes affecting registration must be immediately disclosed.
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