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On 21st November 2022, the International Financial Services CentersAuthority (IFSCA) issued a press release in regard to the proposal forthe following drafts –
The press release was in regard to the “Invitation for public commentson proposed IFSCA (Preparation & Presentation of FinancialStatements of IIOs) Regulations, 2022″. The press release defines thepurpose of IFSCA, stating that it was established as a united regulatorfor developing and regulating financial products, financial servicesand financial institutions through International Financial ServicesCentres (IFSCs) in India.
The IFSCA Issues Press Release for Public Comments on IFSCA (Preparation & Presentation of Financial Statements of IIOs) Regulations, 2022
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