Section 13 of IFSCA : Section 13: Powers Of Authority In Relation To Financial Products, Financial Services And Financial Institutions

IFSCA

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Explanation using Example

Imagine a scenario where a company, "GlobalFintech Ltd.," is operating in an International Financial Services Centre (IFSC) in India and offers innovative financial products to international clients. The Securities and Exchange Board of India (SEBI) typically regulates such companies, but because GlobalFintech Ltd. is within an IFSC, the International Financial Services Centres Authority (IFSCA) exercises the regulatory powers instead, as per Section 13 of The International Financial Services Cen...

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