Notification No. IFSCA/2020-21/NSE-IFSC/262, Dated: 24.05.2023 … Continue reading "IFSCA Grants Renewal of Recognition to ‘NSE IFSC Limited’ for a Period of 1 Year"
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International Financial Services Centers Authority (Authority) on 31st May, 2023 has specified that the reporting norms for Fund Management Entities (FMEs) in IFSCs shall be as under:
Sub… Read More
Guidance to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022.
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Consultation paper on proposed IFSCA (Banking) (Amendment) Regulations, 2023 a. Permit IBUs to be set up as a subsidiary company of the parent bank b. Specify the base capital required… Read More
International Financial Services Centres Authority (Authority) hereby specifies the reporting norms for Fund Management Entities (FMEs) in IFSCs
The post Reporting Norms for Fund Management… Read More
Participate in the consultation on the proposed IFSCA (Payment Services) Regulations, 20XX. The International Financial Services Centres Authority (IFSCA) seeks comments and suggestions from… Read More
International Financial Services Centre Authority(IFSCA) vide circular dated 21.06.2023 issued to the Broker-Dealers has provided clarification regarding Direct Market Access (DMA) facility… Read More
International Financial Services Centers Authority(IFSCA) on 23 June, 2023 has issued directions regarding Co-location facility offered by the Stock Exchanges. The circular defines co-locat… Read More
IFSCA has provided extension of time for providing comments/suggestion on public consultation paper on proposed IFSCA (Payment Services) Regulations, 20XX. The regulations lay down the proce… Read More
The International Financial Services Centres Authority (IFSCA) has issued a notification announcing the introduction of the International Financial Services Centres Authority (Capital Market… Read More
International Financial Services Centres Authority (IFSCA) sought public comments on the draft IFSCA (Banking) (Amendment) Regulations, 2023. This article provides an analysis of the receive… Read More
Read the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2023 issued by the IFSCA. Stay updated on the latest amendments and provisions for banking unit… Read More
Daily Current Affairs 13th July 2023
National News
Bilateral trade between India and Bangladesh starts in “rupees”.
It has been announced that the bilateral trade between India a… Read More
The International Financial Services Centres Authority (IFSCA) has introduced a set of amendments to the International Financial Services Centres Authority (Banking) Regulations, 2020. These… Read More
IFSCA issued a consultation paper seeking comments/views/suggestions from public on the draft IFSCA (Banking) (Amendment) Regulations, 2023 on May 29, 2023. The following suggestions are ac… Read More
International Financial Services Centers Authority (IFSCA) and PIEDS BITS Pilani, have today signed a MoU at BITS Pilani PIEDS Finxcelerator, Pilani Campus in Rajasthan
This MoU aims t… Read More
Daily Current Affairs 15th July 2023
National News
India is planning to host the “ASEAN Conference on Traditional Medicine” in 2023.
The Union AYUSH Ministry with the support of… Read More
Read the amendment issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes regarding the definition of an investment fund under the Income Tax Act. The amendm… Read More
Sed ut perspiciatis unde. DBS Bank has inaugurated its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec-City (GIFT City) at Gandhinagar in India.GIFT City houses India’… Read More
IFSCA extends the period for Bullion Trading Members and Clearing Members in IFSC till January 2024 or issuance of revised guidelines. Read Circular No. F. No. 329/IFSCA/Bullion MIIs/2023-24… Read More
News Government Jobs in India 2023
Here are some of the latest government jobs in India: News Government Jobs in India 2023
ICMR NIN Recruitment 2023: The Indian Council of Medica… Read More
The Global Fintech Fest (GFF), emerging as the world’s largest fintech conference, is back with its second physical edition. GFF 2023 is scheduled on September 5 – 7, 2023, at th… Read More
A ‘Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC’ constituted by International Financial Services Centres Authority (IFSCA) submitted its report t… Read More
Consultation Paper on permitting increased participation of Non – Resident Indians (NRIs) and Overseas Citizens of India (OCIs) into SEBI registered Foreign Portfolio Investors (FPIs)… Read More
SEBI has issued a Consultation Paper on permitting increased participation of Non –Resident Indians (NRIs) and Overseas Citizens of India (OCIs) into SEBI registered Foreign Portfolio… Read More
Expert Committee led by Shri G. Padmanabhan unveils report to IFSCA focusing on reversing the externalization of Indian startups and establishing GIFT IFSC as a global Fintech hub.
The post… Read More
International Financial Services Centres Authority vide circular dated August 30, 2023 has issued a Banking Handbook on Opening of SNRR account with AD Banks in India. An Indian Banking Unit… Read More
A Committee of Experts to ‘Onshoring Indian Innovation to GIFT IFSC’ constituted by IFSCA submitted its report to Chairperson, IFSCA on August 14, 2023.
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Overview of proposed amendments by IFSCA for investments by International Financial Service Centre Insurance Office in 2023. Participate in public consultation.
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IFSCA on 31st August 2023 has issued additional anti money laundering measures under the International Financial Services Centers Authority (Anti Money Laundering, Counter-Terrorist Financin… Read More
IFSCA specifies the following additional measures to be complied by all Regulated Entities: 1. In a cross-border wire transfer where the amount to be transferred is equal to USD 1000, every… Read More
Mr. T Koshy, CEO, Open Network for Digital Commerce (ONDC), spoke about ONDC’s role in governance and trust building in the digital commerce ecosystem in a trialogue with Ms. Noopur Ch… Read More
Emerging as the worlds largest thought leadership platform the Global Fintech Fest 2023 (GFF 2023) concluded here on Thursday, September 7, with a promise to return in the 5th edition Octobe… Read More
The International Financial Services Centres Authority (IFSCA) has issued Circular No. F. No. 887/IFSCA/UAPA/ 2023-24/03 dated 5th September 2023, addressing important modifications regardin… Read More
The Central Board of Direct Taxes vide notification dated 12 September, 2023 has provided that any profits or gains arising from the transfer of following capital assets effected in the prev… Read More
The International Financial Services Centres Authority (IFSCA) has recently issued Circular No. IFSCA-AIF/47/2023, dated September 15, 2023. This circular addresses all Fund Management Entit… Read More
The Company Secretary Course is offered by Institute of Company Secretaries of India. It is basically a distance learning course, although very popular among the commerce students. It is a p… Read More
International Financial Services Centres Authority vide circular dated September 15, 2023 has issued directions under Authorization of Scheme file under IFSCA (Fund Management) Regulations 2… Read More
The University of Wollongong (UOW) Australia, in collaboration with the NSE Academy launched their new book titled “Introduction to Corporate Finance (sixth edition)” at the Nati… Read More
Get answers to frequently asked questions (FAQs) about the IFSCA Sustainable and Sustainability-linked Lending Framework. Learn about its applicability, requirements, and more.
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IFSCA establishes a Fund Management Advisory Committee (FMAC) under Mr. N S Vishwanathan's chairmanship to advise on fund management industry development in IFSCs.
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On Friday, Air India announced that it has successfully acquired its first A350-900 aircraft through a finance lease deal with HSBC via the GIFT City.
Details on through Gift City, Air In… Read More
IFSCA had issued the draft IFSCA (Payment Services) Regulations, 2023 on June 13, 2023 for seeking public comments. Based on the public comments received, the draft regulations have been sub… Read More
IFSCA has constituted ‘Fund Management Advisory Committee’. The Committee, amongst other things, is expected to lay a long-term plan for the orderly growth and development of the… Read More
A Working Group led by IFSCA has been constituted for the development of Non-Resident Individual (both Indian as well as Foreign) Business and Ease of Registration. The Working Group compris… Read More
Read the full text of the Competition Commission of India's order in the case of alleged profiteering by Uttar Pradesh Avas Evam Vikas Praband Karyalaya.
The post Profiteering Case: IFSCA vs… Read More
IFSCA establishes a Working Group for Non-Resident Individual (NRI) business development and registration ease. Learn about its objectives and key members.
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The International Financial Services Centres Authority (IFSCA) plays a crucial role in governing financial products and services in the International Financial Service Centres (IFSC). As par… Read More
IFSCA seeks input for review of (Fund Management) Regulations, 2022, as part of a broader effort to simplify financial sector compliance.
The post IFSCA Invites Suggestions for Fund Manageme… Read More
DGFT amends silver import policies. IFSCA-Approved jewelers can import silver under specific ITC(HS) codes via India International Bullion Exchange IFSC Ltd. (IIBX)
The post IFSCA-Approved J… Read More
Stay updated with latest changes in AML, CFT and KYC guidelines by International Financial Services Centres Authority (IFSCA). Learn about added measures and clarifications.
The post IFSCA C… Read More
IFSCA has issued Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 for s… Read More
IFSCA on 10 October, 2023 has issued a Consultation paper on proposed IFSCA(Payment Services) Regulations, 2023. Comments and suggestions can be sent via email to the designated authorities… Read More
Union Finance and Corporate Affairs Minister Nirmala Sitharaman said that financing, insurance and arbitration and creation of more diverse options is required to boost the country’s s… Read More
Union Finance and Corporate Affairs Minister Nirmala Sitharaman said that financing, insurance arbitration and the creation of more diverse options are required to boost the country’s… Read More
The Company Secretary Course is offered by Institute of Company Secretaries of India. It is basically a distance learning course, although very popular among the commerce students. It is a p… Read More