India's International Financial Services Centres Authority (IFSCA) issues request for proposal (RFP) for digital regulatory reporting (DRR) system

IFSCA has issued an RFP to implement a comprehensive DRR system aimed at enhancing the ease of doing business and reducing compliance costs for supervised entities. The state-of-the-art suptech platform will cover administrative, compliance, supervision, and enforcement frameworks for its regulated entities, positioning IFSCA as a progressive regulator with best-in-class suptech capabilities.

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