The International Financial Services Centers Authority (IFSCA) is the unified regulator for the development and regulation of financial products, financial services and financial institutions in the International Financial Service Centers (IFSC). This notification was released by International Financial Services Centers Authority on the date of 06.12.2023.
The main focus of this is to seek comments/ views/ suggestions/ from the public on any amendments or additions to the International Financial Services Centers Authority (Finance Company) Regulations, 2021 (as amended) (‘the regulations’). As per the International Financial Services Centers Authority (Procedure for making Regulations) Regulations, 2021, all regulations issued by IFSCA are required to be reviewed every three years from the date of its notification. As part of the review process, the IFSCA seeks comments from the public on any modifications/ changes to the said regulations.