The International Financial Services Centres Authority (IFSCA) on September 30, 2024, notified regarding the Single Window IT System inter-alia for registration and approval from IFSCA, SEZ authorities, GSTN, RBI, SEBI and IRDAI.
The following has been stated:
• It has directed that, from October 01, 2024, all the applicants, except those mentioned under clause 6 (i.e. Exceptions), shall submit/file their applications exclusively through SWITS for seeking:
o license, registration or authorisation, as the case may be, from IFSCA;
o Approvals from SEZ Authorities and registration from GSTN; and,
o No objection Certificate (NoC)/requisite approval from appropriate regulators.
• The link for accessing the SWITS platform is https://swit.ifsca.gov.in/.
This notification will come into force from September 30, 2024.
[Notification No IFSCA-ITIn0WEB/1/2023-IT Infrastructure and Fintech- Part (1)]
