The International Financial Services Centres Authority (IFSCA) on June 13, 2023, issued a notification regarding a consultation paper to seek comments and suggestions from the public on the proposed International Financial Services Authority (Payment Services) Regulations, 20XX.
These regulations lay down the process of regulating payment services and Payment Service Providers in International Financial Services Centres (‘IFSCs’) including licensing and authorisation of Payment Service Providers.
The general public and stakeholders are requested to forward their comments and suggestions through e-mail on or before July 5, 2023.
