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<h1>Repealing IFSC Capital Market Intermediaries Regulations 2021: Ensuring Seamless Transition and Preserving Existing Legal Frameworks</h1> The regulation addresses the repeal of the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021. It provides continuity for existing actions, registrations, and proceedings under the previous regulations. Specific provisions ensure that prior approvals, investigations, and legal actions remain valid. The regulation also maintains the applicability of existing circulars and guidelines until they are explicitly modified or superseded by the new regulations.