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  • Insurance Company License

    Insurance Company License

    Obtaining an insurance firm license from the state insurance commissioner is a prerequisite for selling insurance products. Considerable changes have been made to the insurance industry as a whole with the establishment of the Insurance Regulatory Development Authority of India (IRDAI). In addition, other classifications of insurance enterprises, such as those offering life, fire, and […]

  • Full-Fledged Money Changers                                    (FFMC)

    Full-Fledged Money Changers (FFMC)

    Introduction A company that trades currencies both in and out of the country is what is referred to as full-fledged money changers (FFMCs), is a financial institution or an individual company that needs to be licensed to be able to provide the service. The services that may be offered by FFMCs are the buying and […]