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of <h1>Section 28 Empowers Authority to Regulate Services, Meetings, Employee Terms, and Foreign Currency Transactions in Financial Centres.</h1> Section 28 of the International Financial Services Centres Authority Act, 2019, empowers the Authority to make regulations to implement the Act's provisions. These regulations must align with the Act and its rules. Specific areas covered include the scheduling and procedures for meetings, terms of service for Authority employees, the Authority's operational procedures, information provision to the Performance Review Committee, maintenance of electronic information repositories, permissible foreign currencies for financial transactions in International Financial Services Centres, delegation of the Authority's powers and functions, and any other necessary regulatory matters.
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