Question
What is the new deadline for Bullion Trading and
Clearing Members in GIFT-IFSC to meet Net Worth and Base Minimum Capital (BMC) requirements as per the February 2024 IFSCA circular?Solution
The compliance period for meeting Net Worth and Base Minimum Capital (BMC) requirements for Bullion Trading Members and Clearing Members in GIFT-IFSC has been extended until July 28, 2024.
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