Ministry Of Finance Issues Framework For Setting Up And Operating International Trade Finance Services Platform
The Ministry of Finance stated yesterday that International Financial Services Centres Authority (IFSCA) has been set up to develop and regulate the financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs). Towards this end, IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform ('ITFS') for providing Trade Finance Services at International Financial Services Centres ('IFSCs'). The framework will enable Exporters and Importers to avail various types of trade finance facilities at ...
Source: business-standard.com