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The International Financial Services Centres Authority adds a module on Global Administrative Office to the Conduct of Business directions of the Banking Handbook. All Banking Units must ensure compliance with the updated directions. The updated Conduct of Business directions version 4.0 takes effect on the date of the circular. The applicable directions include General directions version 3.0, Conduct of Business directions version 4.0, and Prudential Directions version 3.0.
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[Image omitted. See the official document.]
F.No.110/IFSCA/Banking Regulation/2022-23/2
July 13, 2022
To,
All Banking Units
Dear Sir/Madam,
Additions to Conduct of Business (COB) directions of IFSCA Banking Handbook
IFSC Banking units (IBUs) are informed that a module on Global Administrative Office (GAO) (Module no.17) has been added to the Conduct of Business (COB) directions of the Banking Handbook. The updated COB directions v 4.0 is enclosed.
Yours faithfully
(Raghuraman Kumar)
Head Banking