IFSCA (Investment by International Financial Services Centre Insurance Office) Regulations, 2022
The proposed amendments to the International Financial Services Centres Authority (Investment by International Financial Services Centre Insurance Office) Regulations, 2024, reflect IFSCA’s commitment to creating a robust regulatory environment that supports the growth and stability of the insurance sector within IFSCs. By addressing the specific needs of ULIP investments and providing clearer guidelines for investments in the DTA, these amendments aim to enhance the clarity, transparency, and effectiveness of the regulatory framework governing IIOs. Public feedback is crucial to ensuring that these regulations meet the needs of all stakeholders involved.
IFSCA signs MoU with ICMAI to Develop GIFT IFSC as a Global Finance and Accounting Hub
The MoU’s primary objective is to support the export of financial services talent from GIFT IFSC. ICMAI, leveraging its extensive network of overseas chapters and members, will actively disseminate information about the opportunities available within GIFT IFSC. Additionally, ICMAI under the guidance of IFSCA, shall develop academic courses tailored to the specific needs of International Financial Services Centres (IFSCs), aligned to the global best practices.
Consultation paper for Listing of Commercial Paper (CP) and Certificates of Deposit (CD) on the recognized stock exchanges in the IFSC
The objective of the proposed circular is to specify regulatory requirements for facilitating issuers to issue CPs and CDs in a more efficient and transparent manner ensuring that adequate material information is made available to the investors for making informed decision.
