International Financial Services Centres Authority issues framework for Setting up and operating ITFS Platform

International Financial Services Centres Authority has issued a framework for Setting up and operating International Trade Finance Services Platform (ITFS). ITFS will provide Trade Finance Services at International Financial Services Centres. Finance Ministry has said that the framework will enable Exporters and Importers to avail various types of trade finance facilities at competitive terms for their international trade transactions through a dedicated electronic platform.  This will help in t...