International Financial Services Centres Authority was established on April 27, 2020 under International Financial Services Centres Authority Act, 2019. • Prudential regulatory requirements and norms: The Regulations require units to adhere to norms and guidelines prescribed by IFSCA, from time to time, in relation to maintaining liquidity coverage ratio, net stable funding ratio, leverage ratio; exposure ceiling and ascertaining the …
A class action lawsuit is being filed against the parent company of Silicon Valley Bank, its CEO and its chief financial officer, saying that company didn’t disclose the risks that future interest rate increases would have on its business. It also claims that the company “failed to disclose that, if its investments were negatively affected by rising interest rates, it …
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