Question

    What is the primary purpose of the IFSCA (BATF)

    Regulations 2024?
    A To regulate insurance providers in the IFSC Correct Answer Incorrect Answer
    B To establish guidelines for international banking units Correct Answer Incorrect Answer
    C To regulate Book-keeping, Accounting, Taxation, and Financial Crime Compliance services Correct Answer Incorrect Answer
    D To oversee foreign exchange transactions in the IFSC Correct Answer Incorrect Answer
    E To manage risk associated with capital markets Correct Answer Incorrect Answer

    Solution

    The IFSCA (BATF) Regulations 2024 provide a regulatory framework for the development, registration, and operations of Book-keeping, Accounting, Taxation, and Financial Crime Compliance Services in the IFSC.

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