The Financial Sector Conduct Authority (FSCA) says its “risk-based” approach for financial institutions fighting money laundering and terror financing is preferable to additional compliance hurdles as the country begins its journey to escape the Financial Action Task Force (FATF) greylist.
The International Financial Services Centre Authority IFSCA on Friday said it has given approval to Deakin University of Australia to set up its campus in Gujarats GIFT City.With this, Deakin became the first foreign university to get a nod to set up its campus in India.We have given approval to Deakin University to set up its campus in GIFT City, chairperson of the IFSCA Injeti Srinivas told PTI.Australian Prime Minister Anthony Albanese will make an official announcement about it during a function to be held in Gandhinagar on March 8, a source from Deakin University said.
While it said the forum existed to test the financial system's resilience to risks such as a blackout, the bank considered a national grid failure “unlikely”.
Mumbai (Maharashtra) [India], December 19 (ANI/PNN): DPA SmartCloud IFSC Private Limited, a wholly owned subsidiary of Decimal Point Analytics (DPA), has become India s first ever fintech start-up to be authorised as a Fintech Entity by the International Financial Services Centres Authority (IFSCA), the omnibus regulator of the financial SEZ at Gift City, Gujarat.