Aditya Birla Sun Life AMC Ltd has been granted approval by IFSCA on November 28, 2022 to act as Registered Fund Management Entity - NonRetail and carry out AIF and PMS through a branch office in International Financial Services Centre in India.
The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision of regulated entities in their respective jurisdictions.
The Financial Sector Conduct Authority is expected to issue a revised penalty soon for the former Steinhoff CEO after its initial fine of more than R162m was partially set aside.
The International Financial Services Centres Authority (IFSCA) at the GIFT City had constituted a committee to file a report on sustainable finance. The panel had given the report to the Authority recently.