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DAILY NEWS ANALYSIS
International Financial Services Centres Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST) The central government has established International Financial Services Centres Authority to regulate all financial services in International Financial Services Centres (IFSCs) with headquarters in Gandhinagar (Gujarat). Important Points Functions: The authority will regulate financial products such as securities, deposits or contracts of insurance, financial s
30 April, 2020 The Supreme Court, while dismissing a petition for quashing a complaint filed by the Serious Fraud Investigation Office (SFIO), has left a crucial question of law open i.e., whether SFIO are police officer(s) under the Code of Criminal Procedure, 1973. Serious Fraud Investigation Office (SFIO) It is a corporate fraud investigating agency set up by the Government of India. The SFIO was established on 21st July, 2015, and operates under the Ministry of Corporate Affairs.
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