Quick Summary
The International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Service Centres (IFSCs) in India. The Fund Industry has been playing an increasingly important role in intermediating between seekers of capital and investors. IFSC has been actively engaging with stakeholders to enhance the Global reach of GIFT-IFSC. The regulatory ap
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FAQ :
The committee has been formed to review global best practices and make recommendations to IFSCA on the roadmap for the investment funds industry in IFSCs.
The committee is chaired by Mr. Nilesh Shah, MD of Kotak Mahindra Asset Management Co. Ltd.
The committee comprises leaders from the entire fund management ecosystem, including experts in technology, distribution, legal, compliance, and operations.
The committee will recommend a long-term vision for investment funds in IFSCs, suggest structures for these funds (short-term and mid-term), identify critical development issues, and advise on building the broader ecosystem.
IFSCA is the unified regulator established to develop and regulate financial products, services, and institutions in India's International Financial Service Centres (IFSCs).
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