[6][7][5] On April 27, 2020, The IFSCA was established as a statutory body under the International Financial Services Centres Authority Act, 2019.
[10][11][12][13] On July 1, 2020, the IFSCA announced the launch of its regulatory sandbox framework for testing innovative financial products, services, and business models.
[18] On December 7, 2020, the IFSCA signed an MoU with the Abu Dhabi Global Market (ADGM) to promote and develop the financial services industry in their respective jurisdictions.
[23] The International Financial Services Centres Authority (IFSCA) is headed by a chairperson who is appointed by the Government of India.
[24] The International Financial Services Centres Authority (IFSCA) has several child agencies or subsidiary bodies that help it carry out its functions.