Key Highlights of Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 issued vide Notification No DOR.AML.REC.30/14.01.001/2025-26 dated 12th June 2025 under Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 effective with immediate effect New Provisions/ clauses inserted Para 38:- Regulated Entities (REs) to allow all transactions in respect of an […]
Read More →The IFSCA has issued circular No F. No. IFSCA-LPRA/3/2024-Legal and Regulatory Affairs dated 2nd December 2024 on Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC effective from 15th January 2025. Compliance requirements under this circular in addition to the requirements on grievance redressal contained in any other regulations specified by the Authority. […]
Read More →The International Financial Services Centres Authority (IFSCA) has issued International Financial Services Centres Authority (Informal Guidance) Scheme, 2024 vide circular No F. No. IFSCA-LPRA/11/2024-Legal and Regulatory Affairs dated December 02, 2024 to address issues and challenges in interpreting legal and regulatory provisions by financial institutions, persons intending to set up a Unit in IFSC. Scheme […]
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