The International Financial Services Centres Authority (IFSCA) on April 28, 2023, issued a notification regarding the MoU signed between the International Financial Services Centers Authority (IFSCA) and IHub-Data, IIIT-Hyderabad.
The following has been stated namely: -
• The MoU aims to put in place a framework for cooperation and understanding between IFSCA and IHub-Data, IIIT- Hyderabad to collaborate in supporting and facilitating FinTech and TechFin entities
• This MoU will enable cooperation and collaboration on diverse initiatives regarding FinTech. FinTechs and TechFins registered with IHub-Data, IIIT- Hyderabad may be facilitated to access IFSCA's Regulatory and Innovation Sandbox and apply to the IFSCA (FinTech Incentive) Scheme, 2022.
