Global-In-House Centre definitions set eligibility, structure, and compliance terminology for GIC Units in IFSCs and oversight. These regulations define a Global-In-House Centre (GIC) and a GIC Unit established in an International Financial Services Centre to provide financial-product and services-related support to a Financial Institution Group under permitted operating models; they authorize appointment of an Inspecting Authority, designate Single Window IT Systems (SWIT) for Certificate of Registration processing, and identify specified foreign currencies by reference to the Authority's Banking Regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Global-In-House Centre definitions set eligibility, structure, and compliance terminology for GIC Units in IFSCs and oversight.
These regulations define a Global-In-House Centre (GIC) and a GIC Unit established in an International Financial Services Centre to provide financial-product and services-related support to a Financial Institution Group under permitted operating models; they authorize appointment of an Inspecting Authority, designate Single Window IT Systems (SWIT) for Certificate of Registration processing, and identify specified foreign currencies by reference to the Authority's Banking Regulations.
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