https://www.taxtmi.com/acts?id=41600 Within International Financial Services Centres, the Authority exercises designated regulators' powers over financial products, financial services and financial institutions. Procedures under the scheduled laws for registration, reporting, inspection, investigation, settlement, adjudication, appeals, and recovery of fees or penalties apply mutatis mutandis. Penalties, fines, fees and settlement amounts are realised in foreign-currency equivalent using the applicable Reserve Bank of India exchange rate, while penalties and fines realised are credited to the Consolidated Fund of India in Indian rupees. en-us Sat, 15 Apr 2023 11:54:36 +0530 Sat, 29 Aug 2026 11:44:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41600 Within International Financial Services Centres, the Authority exercises designated regulators' powers over financial products, financial services and financial institutions. Procedures under the scheduled laws for registration, reporting, inspection, investigation, settlement, adjudication, appeals, and recovery of fees or penalties apply mutatis mutandis. Penalties, fines, fees and settlement amounts are realised in foreign-currency equivalent using the applicable Reserve Bank of India exchange rate, while penalties and fines realised are credited to the Consolidated Fund of India in Indian rupees. Act-Rules Indian Laws Sat, 15 Apr 2023 11:54:36 +0530 https://www.taxtmi.com/acts?id=41600