{"id":246591,"date":"2021-04-06T19:50:26","date_gmt":"2021-04-06T14:20:26","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=246591"},"modified":"2021-04-06T18:21:35","modified_gmt":"2021-04-06T12:51:35","slug":"international-financial-services-centres-authority-banking-amendment-regulations-2021","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/04\/06\/international-financial-services-centres-authority-banking-amendment-regulations-2021\/","title":{"rendered":"International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021"},"content":{"rendered":"<p style=\"text-align: justify;\">The Central Government has notified the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021 on March 31, 2021. The International Financial Services Centres Authority makes the following regulations, to amend the International Financial Services Centres Authority (Banking) Regulations, 2020, for banking and investment activities in the International Financial Services Centres. The amendment inserts the following sub regulation in regulation 13, after sub-regulation (8), in the International Financial Services Centres Authority (Banking) Regulations, 2020:<\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: #000080;\">\u201c(9) offering Portfolio Management services to person resident in India and persons resident outside India.<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: #000080;\">(10) Offering Investment Advisory services to person resident in India and persons resident outside India\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has put this story together.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Government has notified the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021 on March 31, 2021. The International Financial <\/p>\n","protected":false},"author":121,"featured_media":154904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[],"class_list":["post-246591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/04\/06\/international-financial-services-centres-authority-banking-amendment-regulations-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021\" \/>\n<meta property=\"og:description\" content=\"The Central Government has notified the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021 on March 31, 2021. 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