Regulatory jurisdiction limited: SEBI's powers do not apply within an International Financial Services Centre; IFSCA regulates permitted activities. Powers exercisable by the Securities and Exchange Board of India under the Securities Contracts (Regulation) Act are excluded in respect of an International Financial Services Centre, and regulation of financial products, financial services and financial institutions permitted in the Centre is vested in the authority established to govern International Financial Services Centres.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory jurisdiction limited: SEBI's powers do not apply within an International Financial Services Centre; IFSCA regulates permitted activities.
Powers exercisable by the Securities and Exchange Board of India under the Securities Contracts (Regulation) Act are excluded in respect of an International Financial Services Centre, and regulation of financial products, financial services and financial institutions permitted in the Centre is vested in the authority established to govern International Financial Services Centres.
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