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Regulation Overview
IIBX is regulated by the International Financial Services Centres Authority (IFSCA). The IFSCA was established on April 27, 2020 under the International Financial Services Centres Authority Act, 2019. Headquartered at GIFT City, Gandhinagar in the state of Gujarat, the IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions. It is presently, the only International Financial Services Centre (IFSC) in India. IFSCA’s holistic vision is to promote ease of doing business in the IFSC and provide a world class regulatory environment while developing a strong global connect as an international financial platform for the entire region and the global economy as a whole.

Prior to the establishment of IFSCA, the domestic Indian financial regulators, namely, RBI, SEBI, PFRDA and IRDAI regulated the business in the IFSC.