https://www.taxtmi.com/acts?id=41600 Authority within the IFSC shall exercise the powers of appropriate regulators listed in the First Schedule over financial products, services and institutions, with the Central Government able to amend that Schedule by notification. Provisions of those Acts regarding recognition/registration procedures, inspection, investigation, enforcement, adjudication and recovery of fees and penalties apply mutatis mutandis. Penalties and related amounts are to be realised in foreign currency equivalent using the RBI notified exchange rate on the order date, credited to the Consolidated Fund of India in Indian rupees, and the Authority may make regulations to implement these provisions. en-us Sat, 15 Apr 2023 11:54:36 +0530 Sat, 15 Apr 2023 11:54:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41600 Authority within the IFSC shall exercise the powers of appropriate regulators listed in the First Schedule over financial products, services and institutions, with the Central Government able to amend that Schedule by notification. Provisions of those Acts regarding recognition/registration procedures, inspection, investigation, enforcement, adjudication and recovery of fees and penalties apply mutatis mutandis. Penalties and related amounts are to be realised in foreign currency equivalent using the RBI notified exchange rate on the order date, credited to the Consolidated Fund of India in Indian rupees, and the Authority may make regulations to implement these provisions. Act-Rules Indian Laws Sat, 15 Apr 2023 11:54:36 +0530 https://www.taxtmi.com/acts?id=41600