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      Question

      According to the IFSCA (BATF) Regulations 2024, what

      must be the legal form of an entity applying to provide BATF services?
      A Public Sector Company Correct Answer Incorrect Answer
      B Limited Liability Partnership (LLP) or Company Correct Answer Incorrect Answer
      C Sole Proprietorship Correct Answer Incorrect Answer
      D Partnership Firm Correct Answer Incorrect Answer
      E Foreign Branch Correct Answer Incorrect Answer

      Solution

      Entities applying to provide BATF services must be established either as a Limited Liability Partnership (LLP) or Company in the IFSC.

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