“Financial product” means—(i) securities;(ii) contracts of insurance; (iii) deposits; (iv) credit arrangements; (v) foreign currency contracts other than contracts to exchange one currency for another that are to be settled immediately; and (vi) any other product or instrument that may be notified by the Central Government from time to time.
“Financial service” means—(i) buying, selling, or subscribing to a financial product or agreeing to do so; (ii) acceptance of deposits;(iii) safeguarding and administering assets consisting of financial products, belonging to another person, or agreeing to do so;(iv) effecting contracts of insurance; (v) offering, managing or agreeing to manage assets consisting of financial products belonging to another person; (vi) exercising any right associated with a financial product or financial service; (vii) establishing or operating an investment scheme; (viii) maintaining or transferring records of ownership of a financial product; (ix) underwriting the issuance or subscription of a financial product; (x) providing information about a person’s financial standing or credit worthiness; (xi) selling, providing, or issuing stored value or payment instruments or providing payment services; (xii) making arrangements for carrying on any of the services insub-clauses (i) to (xi); (xiii) rendering or agreeing to render advice on or soliciting for the purposes of—(A) buying, selling, or subscribing to, a financial product; or(B) availing any of the services in sub-clauses (i) to (xi); etcs
Regulator
International Financial Services Centres Authority
Acts
19/12/2019
The International Financial Services Centres Authority Act, 2019
01/02/2014
The Pension Fund Regulatory and Development Authority Act, 2013
12/08/2008
The Payment and Settlement Systems Act, 2007
30/08/2006
The Government Securities Act, 2006
23/06/2005
The Credit Information Companies (Regulation) Act, 2005
01/05/2000
The Foreign Exchange Management Act, 1999
19/04/2000
The Insurance Regulatory and Development Authority Act, 1999
10/08/1996
The Depositories Act, 1996
04/04/1992
The Securities and Exchange Board of India Act, 1992
20/09/1972
The General Insurance Business (Nationalisation) Act, 1972
07/12/1961
The Deposit Insurance and Credit Guarantee Corporation Act, 1961
04/09/1956
The Securities Contracts (Regulation) Act, 1956
10/03/1949
The Banking Regulation Act, 1949
01/07/1939
The Insurance Act, 1938
06/03/1934
The Reserve Bank of India Act, 1934
Rules
29/04/2020
International Financial Services Centres Authority (Salary, Allowances and other Terms and Conditions of Service of Chairperson and Members) Rules, 2020.
27/03/2015
Insurance Regulatory and Development Authority of India (Regulations of Insurance Business in Special Economic Zone) Rules, 2015
11/12/2020
International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020
20/11/2020
International Financial Services Centres Authority (Banking) Regulations, 2020
13/11/2020
International Financial Services Centres Authority (Employees’ Service) Regulations, 2020
13/11/2020
International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020
13/11/2020
International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020
Notifications
16/10/2020
Central Government notifies Aircraft Lease and Global in-House Centres in IFSCA Act, 2019
29/09/2020
Notification on Commencement of section 13 and section 33 of IFSCA Act, 2019
31/08/2020
Powers and functions of the IFSCA to include bullion spot delivery contract and bullion depository receipt
21/08/2020
Notification on Commencement of Provisions of IFSCA Act, 2019
27/04/2020
Notification for Establishment of International Financial Services Centres Authority and its Head office
13/03/2020
Non-Resident Eligible Foreign Investor in IFSC as FII u/s 115AD of Income Tax Act, 1961
05/03/2020
Securities u/s 47 of Income Tax Act, 1961 listed of Rec. Stock Exchange in IFSC
13/02/2020
Ammendment to Companies (Issue of Global Depository Receipts) Rules, 2014
07/01/2020
Foreign Exchange Management (International Financial Services Centre) (Amendment) Regulations, 2020
31/12/2019
Special Economic Zone(4th Amendment) Rules, 2019 – Exemption to Alternate Invesment Fund & Mutual Funds
28/11/2019
Jurisdictions under Prevention of Money Laundering Act, 2002
18/09/2019
Ammendment to Prevention of Money-laundering (Maintenance of Records) Rules, 2005
26/07/2019
Exemption to Non Resident and Foreign Company u/s 139(1) of Income Tax Act, 1961
04/01/2017
Exceptions, Modifications and Adaptations to specified IFSC Public Company under Companies Act, 2013
04/01/2017
Exceptions, Modifications and Adaptations to specified IFSC Private Company under Companies Act, 2013
03/01/2017
Amendment to Rule 76 of Special Economic Zone Rules, 2006
08/04/2015
Setting up of IFSC units in Special Economic Zone
01/04/2015
Setting up of IFSC Banking Units (IBUs) (Updated as on January 21, 2020)
27/03/2015
Specific Provisions of Insurance Act not to apply in Special Economic Zone
08/03/2015
Procedure for Setting up an IFSC units in Special Economic Zone
02/03/2015
Foreign Exchange Management (International Financial Services Centre) Regulations, 2015
Circulars
11/12/2020
Guideline on manner of determining net worth for individuals under IFSCA Banking Regulations
Membership of stock exchanges and clearing corporations in IFSC by foreign entities
09/12/2020
Alternative Investment Funds in IFSC
04/12/2020
Directons on business in foreign currency at IFSCs
04/12/2020
IFSCA (Deposits) Directions, 2020
04/12/2020
OTC Derivatives at IFSCs
04/12/2020
IFSC (Banking) Regulation, 2020 – Directions for implementation
18/11/2020
Global In-House Centres (GIC) in International Financial Services Centre (IFSC)
28/10/2020
Depository Receipts in the International Financial Services Centre
21/10/2020
Real Estate Investment Trusts in International Financial Services Centres
21/10/2020
Infrastructure Investment Trusts in International Financial Services Centres
19/10/2020
Framework for Regulatory Sandbox
14/10/2020
Market Access through Authorized Persons
07/10/2020
Liquidity Enhancement Scheme
16/09/2020
Listing and trading of units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) on recognized stock exchanges in International Financial Services Centres (IFSC)
09/09/2020
Operating Guidelines for Portfolio Managers in International Financial Services Centre
21/08/2020
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments_155
21/08/2020
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments_154
07/08/2020
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendment
09/07/2020
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
27/03/2020
Risk Management and Inter-bank Dealings- Participation of Banks in Offshore Non-deliverable Rupee Derivative Markets
28/02/2020
Operating Guidelines for Investment Advisers in International Financial Services Centre (IFSC) – Clarifications
27/02/2020
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015- Amendments
03/02/2020
Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC)
20/01/2020
Introduction of Rupee derivatives at International Financial Services Centres (IFSC)
09/01/2020
Operating Guidelines for Investment Advisers in International Financial Services Centre
28/11/2019
Framework for issue of Depository Receipts
10/10/2019
Framework for issue of Depository Receipts
09/08/2019
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015-Permissible investments by Alternative Investment Funds operating in IFSC
03/07/2019
Taxability of Income earned by a Non-Resident investor from off-shore investments though AIFs
26/04/2019
Net worth Requirements for Clearing Corporations in International Financial Services Centre (IFSC)
18/03/2019
Clarification on participation of Eligible Foreign Investors (EFIs) in Commodity Derivatives in IFSC
26/11/2018
Operating Guidelines for Alternative Investment Funds in International Financial Services Centres
24/05/2018
Segregated Nominee Account Structure in International Financial Service Centre (IFSC)
21/05/2018
Investment of own funds (excluding funds lying in Core Settlement Guarantee Fund) by Clearing Corporations in International Financial Services Centre (IFSC)
20/02/2018
Acceptance of Bank Guarantees by Clearing Corporations in International Financial Services Centre
14/11/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
17/10/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
26/09/2017
Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives in IFSC
21/09/2017
Clarification to SEBI (IFSC) Guidelines, 2015 – Liquidity Enhancement Scheme (LES)
31/08/2017
Issuance, listing and trading of debt securities on exchanges in International Financial Services Centres (IFSC)
31/08/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
10/08/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015-Liquidity Enhancement Scheme.
27/07/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
11/07/2017
Guidelines for participation/functioning of Eligible ForeignInvestors (EFIs) and FPIs in IFSC – Amendment
23/05/2017
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Permissible investments by Portfolio Managers, Alternate Investment Funds and Mutual Funds operating in IFSC
17/05/2017
Position limits for cross-currency futures and options contracts (not involving Indian Rupee) on exchanges in International Financial Services Centres (IFSC)
27/04/2017
Securities Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – IFSC Banking Units (IBUs) acting as Trading Member or Professional Clearing Member on stock exchanges/clearing corporations in IFSC
13/04/2017
Inclusion of “Derivatives on Equity shares”-IFSC
04/01/2017
Guidelines for participation/functioning of Eligible Foreign Investors (EFIs) and FPIs in International Financial Services Centre (IFSC)
28/11/2016
Guidelines for functioning of Stock Exchanges and Clearing Corporations in International Financial Services Centres (IFSC)
04/07/2016
Applicability of 197A(1D) and Section 10(15) of Income Tax Act, 1961 to interest paid by IFSC Banking Unit (IBU)
17/03/2016
Securities Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Inclusion of Commodity Derivatives
28/01/2016
Issues Pertaining to Opening of Offices in IFSC, GIFT City, Gujarat
Guidelines
16/01/2019
Insurance Regulatory and Development Authority of India (International Financial Service Centre Insurance Intermediary Office) Guidelines, 2019
21/12/2017
Insurance Regulatory and Development Authority of India {Registration and Operations of International Financial Service Centre Insurance Offices(IIO)} Guidelines, 2017
06/04/2015
Insurance Regulatory and Development Authority of India (International Financial Service Centre) Guidelines, 2015
27/03/2015
Securities Exchange Board of India (International Financial Services Centres) Guidelines, 2015
Cuba developed Soberana 02 against COVID-19-The Soberana 02 vaccine began its expanded phase II clinical trial this week, which will be extended to 900 people between 19 and 80 years of age, while in February a new test with pediatric population is planned, so that it can also be applied to the kids.
Inaugural Address by President Joseph R. Biden, Jr.- 20/01/2021-Our history has been a constant struggle between the American ideal that we are all created equal and the harsh, ugly reality that racism, nativism, fear, and demonization have long torn us apart. Through the Civil War, the Great Depression, World War, 9/11, through struggle, sacrifice, and setbacks, our “better angels” have always prevailed.
Review of Climate of India during 2020-The annual mean land surface air temperature averaged over India during 2020 was above normal. During the year, annual mean land surface air temperature averaged over the country was+0.290C above normal (based on the data of 1981-2010). The year 2020 was the eighth warmest year on record since nation-wide records commenced in 1901.
Zionism is compatible with the Teachings of Judaism-1942-WE, THE UNDERSIGNED RABBIS of all elements in American Jewish religious life, have noted with concern a statement by ninety of our colleagues in which they repudiate Zionism on the ground that it is inconsistent with Jewish religious and moral doctrine. This statement misrepresents Zionism and misinterprets historic Jewish religious teaching, and we should be derelict in our duty if we did not correct the misapprehensions which it is likely to foster.
Bill of Rights 1689-Whereas the Lords Spiritual and Temporal and Commons assembled at Westminster, lawfully, fully and freely representing all the estates of the people of this realm, did upon the thirteenth day of February in the year of our Lord one thousand six hundred eighty-eight present unto their Majesties, then called and known by the names and style of William and Mary, prince and princess of Orange, being present in their proper persons, a certain declaration in writing made by the said Lords and Commons in the words following
Constitution of the United States of America [Original version-1789]-We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.