IFSC Authority invites comments on consultation paper on proposed IFSCA (Insurance Web Aggregator) Regulations, 2021

What is the News? International Financial Services Centres Authority (IFSCA) has released the draft IFSCA (Insurance Web Aggregator) Regulations, 2021. The regulations provide for eligibility criteria, registration process and permissible activities for Insurance Web Aggregator. What is IFSCA? IFSCA was established in 2020 under the International Financial Services Centres Authority Act, 2019. Purpose: The IFSCA… Continue reading IFSC Authority invites comments on consultation paper on proposed IFSCA (Insurance Web Aggregator) Regulations, 2021

Launch of I-Sprint’21: IFSCA’s Global FinTech Hackathon Series Sprint01: BankTech

What is the news?  I-Sprint21, the global FinTech Hackathon Series of IFSCA was launched recently, where the first Sprint of the series “Sprint01: BankTech” is focussed on FinTechs for the Banking sector.  Sprint 01: BankTech is hosted jointly by IFSCA and GIFT city in collaboration with NITI Aayog. In Union Budget 2020-21 finance minister envisaged on supporting a “World Class FinTech Hub” at GIFT IFSC.  What is Sprint01: BankTech hackathon? Under… Continue reading Launch of I-Sprint’21: IFSCA’s Global FinTech Hackathon Series Sprint01: BankTech

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