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    <title>Cabinet approves introduction of International Financial Services Centres Authority Bill, 2019 in Lok Sabha, after withdrawal from Rajya Sabha</title>
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    <description>The International Financial Services Centres Authority Bill, 2019 is being reintroduced in the appropriate parliamentary chamber after withdrawal from the other chamber to create a unified regulator for IFSCs, addressing fragmented oversight by multiple regulators, enhancing inter-regulatory coordination, providing regulatory clarity and dedicated interventions for product and market development; the Bill is treated as a finance-bill requiring the constitutionally mandated recommendation for introduction.</description>
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