Monday, November 25, 2019

International Financial Services Centres Authority Bills, 2019 introduces in Lok Sabha

The Union Cabinet has introduces the International Financial Services Centres Authority Bill, 2019 in Lok Sabha in order to provide for establishment of an authority to develop and regulate the financial services market in the IFSC in India and for matters connected therewith or incidental thereto. In this bill, various provisions related to establishment of authority, manner, removal, powers and function, finance, audits and accounts and so on have been discussed.

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