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of <h1>Repeal of 2020 Global In-House Centres rules, shifting registrations, fees, and enforcement actions into 2025 regulations continuity</h1> From commencement, the International Financial Services Centres Authority (Global In-house Centres) Regulations, 2020 are repealed and the 18 November 2020 circular on Global In-House Centres in IFSC is superseded, thereby terminating their prospective operation. Actions taken under the repealed regulations, including registrations or approvals granted, suspended or cancelled, fees collected, and any adjudication, enquiry, investigation, or show-cause notice initiated, are deemed taken under the corresponding provisions of the 2025 regulations, preserving continuity. Rights, privileges, obligations, liabilities, penalties, and related investigations, legal proceedings, and remedies arising under the repealed regulations remain unaffected, as if the repeal had not occurred. References in other instruments to the 2020 regulations are to be read as references to the corresponding provisions of the 2025 regulations.
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