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International Financial System Code (IFSC)

Regulations

Since the dynamic nature of business in IFSCs necessitates a high level of inter-regulatory cooperation within the financial sector, the IFSCA was founded as a unified regulator with a comprehensive objective to promote ease of doing business in IFSCs and provide a world-class regulatory environment. The IFSCA's major goal is to establish a strong global connection and focus on the needs of the Indian economy, as well as act as an international financial platform for the entire region and the global economy as a whole.

The Scope

The Grants contemplated under this scheme shall be available to eligible FEs:

who are part of the Authority’s Regulatory or Innovative Sandbox

who participate in the Authority’s supported Accelerators or Cohorts or Special Programmes

who are referred to by the entity(ies), including regulatory or supervisory bodies having MoU or collaboration or special arrangement with the Authority for strengthening identified area of common interest

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