IFSCA specifies norms w.r.t preparation and submission of annual report, returns and other information
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Notification No. G.S.R. 167(E), Dated: 28.02.2022
The IFSCA has notified the International Financial Services Centres Authority (Form of Annual Statement of Accounts) Rules, 2022. The rules mandate the submission of the annual report to the Central Government within a period of 90 days after the end of every financial year in the format as prescribed in the notification. Further, Authority shall also furnish the monthly updates on status of development of financial product, services etc. as mentioned in the rules, monthly updated status on a scheme or project or event that has received assistance or support from the Central Government, report or statement or information on any other item as may be required by the Central Government.
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