IFSCA (Performance Review Committee) Regulations, 2022
IFSCA has constituted three Performance Review Committees in compliance with Section 17 of the IFSCA Act, 2019 and the IFSCA (Performance Review Committee) Regulations, 2022.
| Sr. No. | Name | Designation |
|---|---|---|
| 1 | Shri Bahram N. Vakil | Chairman |
| 2 | Shri R. Lakshmi Kanth Rao | Member |
| 3 | Shri Pramod Rao | Member |
| 4 | Shri J. Ranganayakulu | Member |
Purpose: To review whether IFSCA has adhered to the provisions of the applicable laws while exercising powers or performing functions under the International Financial Services Centres Authority Act, 2019.
Details about other PRCs: [Details about other two PRCs]
In terms of Section 17(3) of the IFSCA Act, 2019, any person may report to the Performance Review Committee, any incidence of:
a) Non-adherence of the provisions of any applicable law by the Authority;
b) Misappropriation of resources of the Authority by any person;
c) Abuse of powers of the Authority by any Member or employee of the Authority; or
d) Non-compliance of any decision of the Authority or by any Member or employee of the Authority.
Such complaint may be submitted at incidence-prc[at]ifsca[dot]gov[dot]in in the following format:
Name: [Your Name]
Mail ID: [Your Email]
Mobile No: [Your Phone Number]
Subject (one of the above): [Choose relevant subject]
Documents in support of the allegation: [Attach relevant documents]
The International Financial Services Centres Authority (IFSCA) has been established to regulate and develop financial services in the International Financial Services Centres (IFSCs) located in India.
