The International Financial Services Centres Authority (IFSCA) on January 31, 2024, issued a Consultation paper on the proposed International Financial Services Authority (Payments Regulatory Board) Regulations, 2024.
The objective of this consultation paper is to seek comments/views/suggestions from the public.
To enable the functioning of the Payments Regulatory Board the Regulations, inter alia, proposes to:
• Specify the duties, powers and functions of the Payments Regulatory Board.
• Specify the procedure to be followed at the meetings of the Payments Regulatory Board.
The general public and stakeholders are requested to forward their comments/suggestions through e-mail to Mr Supriyo Bhattacharjee at [email protected] and Mr Vaibhav Sattavan at [email protected] on or before February 23, 2024, in the attached format. The comments may be provided in MS Word or MS Excel format only.
The draft Regulations are attached to the document below.
