Quick Summary
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. IFSCA, in its endeavour to develop a co
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The proposed regulations aim to establish a unified framework for the issuance and listing of securities in India's International Financial Service Centres (IFSCs), facilitating easier access to global capital for businesses and promoting innovation.
The regulations are designed to benefit a wide range of companies, including start-ups, Small and Medium Enterprises (SMEs), Special Purpose Acquisition Companies (SPACs), and businesses focused on ESG, fintech, and corporate restructurings.
GIFT City is being positioned as a world-class fintech hub and a prominent international centre for sustainable finance, with the proposed framework expected to provide an ecosystem for capital raising and listing for fintech and start-up companies.
Comments and suggestions on the draft IFSCA (Issuance and Listing of Securities) Regulations, 2021, can be sent via the IFSCA website at https://ifsca.gov.in/PublicConsultation.
The deadline for submitting comments and suggestions on the proposed regulations is March 31, 2021.
CAclubindia
