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
Registration prerequisite for Trust and Company Services Provider operations requires arm's-length separation and separate approval for existing providers. Trust and Company Services Provider operations in the IFSC require a certificate of registration before commencement for permitted leasing activities. ... Summary
Registration prerequisite for Trust and Company Services Provider operations requires arm's-length separation and separate approval for existing providers.
Trust and Company Services Provider operations in the IFSC require a certificate of registration before commencement for permitted leasing activities. Applicants must apply in the prescribed manner and declare that their Trust and Company Services Provider activities will remain at arm's length from other services. Registration continues unless suspended, cancelled, or voluntarily surrendered, with surrender effective only upon Authority acceptance. Existing TechFin and Ancillary Service Providers require separate approval to undertake such services.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.