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    Question

    According to the IFSCA (BATF) Regulations 2024, what

    must be the legal form of an entity applying to provide BATF services?
    A Public Sector Company Correct Answer Incorrect Answer
    B Limited Liability Partnership (LLP) or Company Correct Answer Incorrect Answer
    C Sole Proprietorship Correct Answer Incorrect Answer
    D Partnership Firm Correct Answer Incorrect Answer
    E Foreign Branch Correct Answer Incorrect Answer

    Solution

    Entities applying to provide BATF services must be established either as a Limited Liability Partnership (LLP) or Company in the IFSC.

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