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
Prohibited TechFin services exclude non-outsourceable core functions, regulated activities, facility management, logistics, construction and physical asset management.
Third Schedule exclusions prohibit TechFin and Ancillary Service Providers from providing non-outsourceable core activities and services separately regulated under an IFSCA framework. Prohibited services include facility management, building maintenance, security, housekeeping, maintenance-related manpower, transport and logistics, construction-related services, and physical-asset management. The Authority may also exclude services that do not constitute arrangements for carrying on specified financial services.
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