What is the News? The Prime Minister has inaugurated InFinity Forum, a thought leadership Forum on FinTech. Click Here to read about the InFinity Forum What is Fintech? Fintech (finance and technology) refers to any business that uses technology to enhance or automate financial services and processes. What are the pillars of Fintech? India’s financial… Continue reading PM inaugurates InFinity Forum, a thought leadership Forum on FinTech
Tag: IFSCA
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
IFSCA introduces framework for ‘Regulatory Sandbox’
News: International Financial Services Centres Authority(IFSCA) has introduced a Framework for Regulatory Sandbox to tap into innovative FinTech solutions. Facts: What is a Regulatory Sandbox? It is an infrastructure that helps financial technology (FinTech) players live test their products or solutions before getting the necessary regulatory approvals for a mass launch. IFSCA Regulatory Sandbox:… Continue reading IFSCA introduces framework for ‘Regulatory Sandbox’
