International Financial Services Centres Authority (Employees' Service) Regulations, 2026 Chapter II APPOINTMENTS, PROBATION AND TERMINATION OF SERVICE
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Merit-based recruitment requires competitive selection, restricts multi-tasking staff interviews, and permits reasoned procedural relaxation under transparent safeguards.
Whole-time employee recruitment follows Schedule-I conditions on recruitment mode, qualifications, age, experience and related matters. Officers are ordinarily appointed at entry-level Grade A, while higher-grade recruitment is limited to unavailability of suitable internal candidates or work exigencies. Selection is through competitive examination, with no interview or group discussion for Multi-Tasking Staff. Procedural relaxation requires recorded reasons and must preserve fairness, transparency and merit-based selection. Executive Director appointments require approval before an offer is issued.
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