IFSCA has issued a Consultation paper on the proposed International Financial Services Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024

IFSCA has issued a Consultation paper on the proposed International Financial Services Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024. The objective of this consultation paper is to seek comments/views/suggestions from the public on the proposed International Financial Services Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024.

General public and stakeholders are requested to forward their comments/suggestions through e-mail to Mr. Supriyo Bhattacharjee at supriyo.b@ifsca.gov.in and Ms. Riddhi Bhandari at riddhi.bhandari@ifsca.gov.in and Mr. T P Samuel Wesly at wesly.samuel@ifsca.gov.in; on or before September 20, 2024, in the attached format.

These regulations aim to provide for the manner of granting certificate of registration to Factors; and filing of particulars of transactions with the Central Registry on behalf of the Factors.

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