Brief Overview:

Upon request by an applicant, the chairperson of IFSCA may grant relaxation from the mandatory requirement to employ at least five (5) qualified personnel under the framework for finance company / finance unit undertaking the activity of global / regional corporate treasury centres. Such relaxation may be granted for up to one (1) year from the commencement of operations based on the permissible activities intended to be undertaken and the projected business volume of the applicant.

For further details, please see:  

International Financial Services Centres Authority

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