MAKING OF REGULATIONS AND SUBSIDIARY INSTRUCTIONSInternational Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025.
MAKING OF REGULATIONS AND SUBSIDIARY INSTRUCTIONSInternational Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025.
Regulation 12 - Non-applicability on certain matters
International Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025. Chapter V MISCELLANEOUS
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Non-applicability of regulatory procedures exempts internal, urgent, coordinated, and international-obligation matters while requiring institutional notification. Regulation 12 excludes the prescribed regulatory procedure from internal organisational matters, procedural measures or subsidiary instructions not ... Summary
Non-applicability of regulatory procedures exempts internal, urgent, coordinated, and international-obligation matters while requiring institutional notification.
Regulation 12 excludes the prescribed regulatory procedure from internal organisational matters, procedural measures or subsidiary instructions not involving substantive policy changes, coordinated decisions, and specified market integrity or national security interventions. It also covers measures required to meet international agreements or similar arrangements where public consultation serves no meaningful purpose. The Authority must be informed whenever the prescribed procedure is not applied.
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