Question
IFSCA Act 2019 provides for an Authority to develop and
regulateSolution
- Â The IFSCA Act 2019 applies to the International Financial Services Centres set up under section 18 of the Special Economic Zones Act, 2005.
- This Act provides for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto.
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