The International Financial Services Centres Authority (IFSCA) on February 13, 2025, issued a corrigendum in the International Financial Services Centres Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024.
The following corrigendum have been stated:
• In regulation 1, the figure and mark “i.” and “ii.” shall be read as “(1).” and (2).”, respectively.
• In regulation 2, the figure and mark “i.” and “ii.” shall be read as “(1).” and (2).”, respectively.
• In regulation 3, the figure and mark “i.” and “ii.” shall be read as “(1).” and “(2).”, respectively.
• In clause (i) of sub-regulation i. of regulation 3, the word and figure “clause 50” shall be read as “clause 51”.
• In clause (k) of sub-regulation i. of regulation 3, the word “sub-section (sa)” shall be read as “clause (sa)”.
• In regulation 4, the figure and mark “i.”, “ii.”, “iii.”, “iv.” and “v.” shall be read as “(1).”, “(2).”, “(3).”, “(4).” and “(5).”, respectively.
• In sub-regulation ii. of regulation 4, the word and figure “sub-regulation (i)”, shall be read as “subregulation (1)”.
[Notification No. IFSCA/GN/2024/012]
