Question

According to the IFSCA (BATF) Regulations 2024, what is

Q: Answer-According to the IFSCA (BATF) Regulations 2024, what is the penalty for BATF Service Providers who v...

BATF Service Providers who contravene the provisions of these regulations or related guidelines may face suspension or cancellation of their registration under the enforcement actions outlined by IFSCA.

the penalty for BATF Service Providers who violate the regulations?

A Monetary fine of up to USD 500,000

B Suspension or cancellation of registration

C Revocation of client contracts

D Mandatory acquisition by another provider

E Restricted access to international markets

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According to the IFSCA (BATF) Regulations 2024, what is

Solution