Governing Body of IFSC Banking Units Must Meet at Least Once a Quarter, With Flexibility for Additional Meetings | IFSCA
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- Last Updated on 10 April, 2025
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Circular F No. IFSCA-FMPP0BR/8/2025-Banking/001, Dated 08.04.2025
The IFSCA has revised the requirement for meetings of the governing body of IFSC Banking Units (IBUs). The governing body must now meet at least once every financial quarter, with the flexibility to hold additional meetings as needed. This replaces the earlier mandate of meeting at least once each quarter and at least six times in a financial year.
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