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.... accordingly: - (a) "Act" means the International Financial Services Centres Authority Act, 2019 (50 of 2019); (b) "Authority" means the International Financial Services Centres Authority established under sub-section (1) of section 4 of the Act; (c) "Global-In-House Centre (GIC)" means a service provided by a GIC Unit for delivering services relating to financial produc....

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.... insurance companies, re-insurance companies, actuaries, brokerage firms, funds, stock exchanges, clearing corporations, depositories, custodians, and any other similar financial institutions: For the purpose of this regulation, the group entities of a Financial Institution Group shall include arrangements involving two or more entities related to each other through any of the following r....

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....f the member firms. (f) "International Financial Services Centre" shall have the same meaning as assigned to it under clause (g) of sub-section (1) of Section 3 of the Act; (g) "Inspecting Authority" means one or more persons appointed by the Authority to undertake inspection of a GIC Unit; (h) "Non-resident" means a 'person resident outside India' under the Foreign Exch....