IFSCA Notifies New Regulations for TechFin and Ancillary Services in IFSC

The IFSCA (International Financial Services Centres Authority) has notified "new regulations for TechFin and ancillary services in IFSC." These regulations aim to establish a comprehensive framework for entities providing technology-driven financial solutions and support services within the GIFT City IFSC. The objective is to foster innovation, ensure regulatory compliance, and enhance the overall ecosystem for financial services. By regulating these service providers, IFSCA seeks to promote transparency, accountability, and the growth of cutting-edge financial technology, positioning GIFT City as a hub for global financial innovation and a conducive environment for TechFin companies.