The International Financial Services Centres Authority (IFSCA) on June 11, 2024, issued Frequently Asked Questions (FAQs) on Registration of a Finance Company/ Finance Unit.
The questions are as follows: -
•General information on Finance Company / Finance Unit.
•Permissible activities for FC/FU.
•Owned Funds for FC/FU.
•These FAQs are not the interpretation of the law but intend to provide clarity on the concepts related to the International Financial Services Centres Authority (Finance Company) Regulations, 2021 (“FC Regulations”).
The detailed Frequently Asked Questions are given in the document below.
