Additions to Conduct of Business (COB) directions of IFSCA Banking Handbook

 

International Financial Services Centres Authority

 

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.

 

2. With effect from the date of this circular the applicable directions of the Banking Handbook are as follows :

i. General (GEN) directions v 3.0

ii. Conduct of Business (COB) directions v 4.0

iii. Prudential Directions (PRU) directions v 3.0

 

3. IBUs are directed to ensure compliance to the directions this circular.

 

Yours faithfully

(Raghuraman Kumar)

Head Banking