The Authority may on its own or upon receipt of information or complaint, appoint one or more persons as inspecting authority to undertake the inspection of the books, accounts, records, documents, infrastructure, procedures, systems of a FME or any other entity associated with the activities under the Regulations for any purpose or to investigate the affairs of schemes and activities as detailed under the Regulations  The purposes for such inspection may include -  to ensure that the books of account, records and documents are being maintained in the manner as required under the Regulations; to ensure that the provisions of the IFSCA Act, the Regulations and circulars made thereunder, are complied with; to ascertain whether adequate internal control systems, procedures and safeguards have been established or are being followed by the FME or other entities to fulfil their obligations under the Regulations; to ascertain whether any circumstances exist which would render the FME or other entities unfit or ineligible; to inquire into the complaints received from the investors, clients, other market participants, or any other person on any matter having a bearing on the activities of the FME; and to inquire on its own into such matters as may be deemed fit in the interest of investors or the financial market in IFSC.