Search Results for Tag : FSC

Top Story

Parliament passes International Financial Services Centre Authority Bill, 2019 to regulate IFSCs(11.12.2019)

International Financial Services Centre Authority Bill, 2019 passed in winter session of Parliament to set up an authority for regulating the financia.....

Tags : IFSCs, Bill, Regulation

IFSCA executes MoU with the Reserve Bank of India(16.11.2022)

The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (Mo.....

Tags : IFSCA, MOU, RBI

News

SEBI Puts in Place Operating Guidelines for Investment Advisers in IFSC(10.01.2020)

Securities and Exchange Board of India has come out with guidelines for entities for operating as investment advisers in International Financial Servi.....

Tags : SEBI, IFSC

NCLT, Jaipur: Personal Guarantors of NBFC/FSC Cannot be Proceeded Against Unless Threshold Satisfied(28.02.2022)

National Company Law Tribunal, Jaipur has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services Provider cannot be proceede.....

Tags : National Company Law Tribunal, Personal Guarantors of NBFC/FSC

INTERIM BUDGET – 2024(01.02.2024)

• Tax Rates to be retained for direct and indirect taxes including import duties • Exemption granted to some IFSC units, that was expiring on March 3.....

Tags : Tax Rates, IFSC Units, Direct Tax Demands

SEBI Issues Framework for Stock Exchanges & Clearing Corporations at IFSCs(29.11.2016)

Securities and Exchange Board of India (Sebi) has issued a new framework for functioning of Stock Exchanges and Clearing Corporations that are setting.....

Tags : SEBI, Stock Exchanges, Clearing Corporations, IFSCs

Reserve Bank of India Issues Directions for Permitting Rupee Derivatives to be Traded in IFSCs(24.01.2020)

Reserve Bank of India has released directions under Section 45 W of the Reserve Bank of India Act, 1934 permitting Rupee derivatives to be traded in I.....

Tags : Reserve Bank of India, Trading of Rupee Derivatives in IFSCs

Sebi Allows Mutual Funds & Portfolio Managers to Invest in Securities Listed in IFSC(29.05.2017)

Sebi has allowed portfolio manager operating in IFSC to invest in securities listed in IFSC, issued by companies incorporated in IFSC, issued by compa.....

Tags : Sebi, Mutual Funds & Portfolio Managers, IFSC

Notifications & Circulars

Setting up of IFSC Banking Units (IBUs) - Permissible activities(21.01.2020)

This is with reference to RBI circular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015, as modified from time to time, setting out RBI directi.....

Tags : IFSC, Banking Units, Permissible activities

IFSC Authority approves the International Financial Services Centres Authority (Banking) Regulations, 2020(11.11.2020)

A meeting of the International Financial Services Centres Authority (IFSCA) was held today. The IFSC Authority, after detailed deliberations, approved.....

Tags : IFSC Authority, Approval, Regulations, 2020

Remittances to International Financial Services Centres in India under the Liberalised Remittance Scheme(16.02.2021)

1. Please refer to the Statement on Development and Regulatory Polices announced as part of the Bi-monthly Monetary Policy Statement dated February 05.....

Tags : Financial markets, Remittances, IFSC

IFSCA Guidance framework on sustainable and sustainability linked lending by financial institutions in IFSCs - Draft(02.03.2022)

The International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products,.....

Tags : IFSCA Guidance, Lending, Financial institutions

IFSCA inks MoU with GVFL Limited for strengthening the FinTech ecosystem in GIFT IFSC(07.04.2022)

The International Financial Services Centres Authority (IFSCA) and GVFL Limited signed a Memorandum of Understanding (MoU) at IFSCA's office at Gift C.....

Tags : IFSCA, MoU, FinTech ecosystem

Committee of Experts on Sustainable Finance submits report to IFSCA(05.10.2022)

A 'Committee of Experts on Sustainable Finance', constituted by International Financial Services Centres Authority (IFSCA) submitted its final report .....

Tags : Committee, Experts, IFSCA

IFSCA and CEEW sign MoU to cooperate on sustainable finance(21.12.2022)

The International Financial Services Centres Authority (IFSCA) and the Council on Energy, Environment and Water (CEEW) have signed a Memorandum of Und.....

Tags : IFSCA, CEEW, MoU

Operating Guidelines for Investment Advisers in International Financial Services Centre(09.01.2020)

SEBI has issued SEBI (International Financial Services Centres) Guidelines, 2015 (hereinafter referred to as 'IFSC Guidelines') on March 27, 2015 for .....

Tags : Guidelines, Investment Advisers, IFSC

Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)(22.06.2023)

1. Attention of Authorised Persons is invited to A.P. (DIR Series) Circular No. 11 dated February 16, 2021 and A.P. (DIR Series) Circular No. 03 dated.....

Tags : Remittances, IFSCs, LRS

Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)(10.07.2024)

1. Attention of Authorised Persons is invited to A.P. (DIR Series) Circulars, i.e., No.11 dated February 16, 2021, No.03 dated April 26, 2023, and No......

Tags : Remittances, IFSCs, LRS

Constitution of an expert committee to 'Onshore the Indian Innovation to GIFT IFSC'(21.03.2023)

The Indian startup ecosystem is the third largest startup ecosystem in the world, boasting an impressive 115 unicorns (billion-dollar enterprises). In.....

Tags : Constitution, Expert committee, GIFT IFSC'

Expert Committee on developing GIFT IFSC as 'Global Finance and Accounting Hub' submits report to IFSCA(28.03.2024)

The Expert Committee on developing the Gujarat International Finance Tech-City International Financial Services Centre (GIFT IFSC) as 'Global Finance .....

Tags : Expert Committee, GIFT IFSC, Report

International Financial Services Centres Authority (IFSCA) inks MoU with IIML -EIC(11.07.2023)

International Financial Services Centers Authority (IFSCA) and IIML-EIC, have today signed a MoU at IIM (Indian Institute of Management) Lucknow EIC, .....

Tags : IFSCA, MoU, IIML -EIC

Enabling Dealings by IFSC - Banking Units in Bullion Unallocated Accounts(04.03.2021)

To facilitate development of the bullion market in India, generate interest in trading & hedging activities, and serve as a precursor to International.....

Tags : IFSC, Activities, Regulation

Cabinet approves MoU between SEBI and FSC(11.10.2017)

The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) between Securi.....

Tags : MOU, Approval, SEBI, FSC

Guidelines on import of gold by Qualified Jewellers as notified by International Financial Services Centers Authority (IFSCA)(25.05.2022)

1. Directorate General of Foreign Trade (DGFT) formulate and implement the Foreign Trade Policy and Procedures in terms of Foreign Trade (Development .....

Tags : Guidelines, Import, IFSCA

International Financial Services Centres Authority grants recognition to NSE IFSC Clearing Corporation Limited for one year(26.05.2022)

The International Financial Services Centres Authority, having considered the application for grant of recognition under Regulation 12 of the Internat.....

Tags : IFSCA, Recognition, NSE IFSC

Operating Guidelines for Portfolio Managers in International Financial Services Centre(09.09.2020)

1. SEBI has issued SEBI (International Financial Services Centres) Guidelines, 2015 (hereinafter referred to as 'IFSC Guidelines') on March 27, 2015 f.....

Tags : Operating Guidelines, Portfolio Managers, IFSC