International Financial Services Centres Authority (Global In-house Centres) Regulations, 2025 Chapter II REGISTRATION OF A GLOBAL IN-HOUSE CENTRE UNIT
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Global in-house centre registration requires Financial Institution Group status or prior authorization; branches barred from FATF high-risk jurisdictions. Registration requires the applicant to be an entity that exclusively qualifies as a Financial Institution Group, subject to the Authority's final determination; permitted third-party applicants must furnish a prior written authorization from the Financial Institution Group. Branch-form GIC Units are permissible only when the parent entity's jurisdiction is not identified by the FATF as a high-risk jurisdiction subject to call for action.
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 registration requires Financial Institution Group status or prior authorization; branches barred from FATF high-risk jurisdictions.
Registration requires the applicant to be an entity that exclusively qualifies as a Financial Institution Group, subject to the Authority's final determination; permitted third-party applicants must furnish a prior written authorization from the Financial Institution Group. Branch-form GIC Units are permissible only when the parent entity's jurisdiction is not identified by the FATF as a high-risk jurisdiction subject to call for action.
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