Question

What restriction is placed on BATF Service Providers

Q: Answer-What restriction is placed on BATF Service Providers regarding their business operations in relation...

A BATF Service Provider is prohibited from offering services through the transfer of existing contracts or work arrangements from their Group Entities in India.

regarding their business operations in relation to Indian Group Entities, according to the IFSCA (BATF) Regulations 2024?

A They cannot offer services to Indian clients

B They cannot transfer existing contracts from Group Entities in India

C They must operate through joint ventures

D They cannot engage in foreign currency transactions

E They must operate exclusively in Indian Rupees

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What restriction is placed on BATF Service Providers

Solution