Procedural powers enable banking and investment service norms, clarifications, and relaxations within an International Financial Services Centre. Power to specify procedures and issue clarifications enables the Authority to prescribe norms, procedures, processes and manners through guidelines or ... Summary
Procedural powers enable banking and investment service norms, clarifications, and relaxations within an International Financial Services Centre.
Power to specify procedures and issue clarifications enables the Authority to prescribe norms, procedures, processes and manners through guidelines or circulars for implementing the banking regulations and incidental matters. The Authority may also grant relaxations to facilitate and regulate financial services relating to banking and investment activities in an International Financial Services Centre.
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