The International Financial Services Centres Authority (” IFSCA “), through a press release dated October 6, 2025, shared a message from the Chairperson of IFSCA, Mr. K. Rajaraman, on the occasion of IOSCO World Investor Week 2025.Key highlights of the Chairperson’s address are as follows:
- IFSCA was established by the Government of India as the unified regulator for the development and regulation of financial services in the International Financial Services Centre (” IFSC “). It oversees a wide range of financial products and services including capital markets, fund management, banking, insurance, etc. IFSC offers a world-class regulatory and business environment, with around 1,000 entities already registered with IFSCA to carry out various permissible activities.
- The main objective of IFSCA is to develop IFSC as a leading financial hub and achieve the vision of Viksit Bharat@2047.
- IFSCA, an associate member of the International Organization of Securities Commissions (” IOSCO “), celebrated the IOSCO World Investor Week 2025 (IOSCO WIW) in coordination with various Market Infrastructure Institutions (MIIs) and other market participants during the week starting October 6, 2025, on the themes of “Technology and Digital Finance”, “Artificial Intelligence”, and “Fraud and Scam Prevention”.
- The Chairperson in his address highlighted the importance of IOSCO WIW in generating greater awareness and clarity around the opportunities and challenges arising from the rapid growth of Artificial Intelligence and digital finance in the global financial landscape.
- Emphasis was laid on safeguarding the interests of consumers of services of regulated entities. The Chairperson announced that IFSCA will be releasing two key initiatives during IOSCO World Investor Week: the Stewardship Code and the Consumer Charter. These frameworks are intended to further strengthen investor protection and promote transparency, accountability, and responsible conduct among regulated entities operating within the IFSC.
- The Chairperson also encouraged all stakeholders to bring forward innovative ideas and reforms in line with IFSCA’s guiding motto: “Let noble thoughts come to us from all directions.”
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