Perspectives on regulation, markets, compliance and GIFT IFSC
Monitoring of Investments from Countries Sharing Land Border with India
OVERVIEW: The Government of India issued new regulations, known as the Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2024 (NDI Rules), and the Companies (Listing of Equity Shares in Permissible…
Read insight →IFSCA (PAYMENT SERVICES) REGULATIONS 2024
OVERVIEW: The International Financial Services Centres Authority (IFSCA) announced the Payment Services Regulations, 2024, which were officially published in the gazette on January 30, 2024. By facilitating these…
Read insight →Norms for Capital Market Intermediaries
OVERVIEW: The International Financial Services Centres Authority (IFSCA) has released a significant circular concerning the reporting standards applicable to Capital Market Intermediaries (CMIs) functioning within the…
Read insight →Anti-Money Laundering Compliance In IFSCA
WHAT IS MONEY LAUNDERING? These are such illicit activities where the legitimacy of the illegally obtained proceeds is proved. - Money laundering has the potential to support criminal activities like drug trafficking…
Read insight →HDFC Bank secures $750 Million funding from GIFT City IFSC
BACKGROUND : In a recent development, HDFC Bank secured $750 million from the GIFT City International Financial Services Centre (IFSC) in Gandhinagar, Gujarat. The funding was obtained through a combination of USD…
Read insight →GIFT City Tax Benefits Extended by Interim Budget 2024
GIFT City Tax Benefits Extended by Interim Budget 2024 The one-year extension will increase registrations at the GIFT City IFSC INTERIM BUDGET 2024 - KEY HIGHLIGHTS: India’s Interim Budget, 2024 delivered by the Finance
Read insight →Direct Listing of Indian Companies at GIFT City Exchanges
Direct Listing of Indian Companies at GIFT City Exchanges Notification to boost flow of foreign funds into the country OVERVIEW: The Central Government has issued a notification allowing the direct listing of shares of…
Read insight →Green GIFT a Model For Intelligent Urbanisation
Green GIFT a Model For Intelligent Urbanisation GIFT CITY TO GET FIRST HYDROGEN PRICE INDEX WHAT IS GREEN HYDROGEN PRICE INDEX? It is aimed at providing information on actually traded prices for green hydrogen, which is
Read insight →Ancillary Service Providers in IFSC In GIFT City, IFSC
Global Overview: The origins of management consulting can be traced back to the early 20th century. Frederick Winslow Taylor, known as the "father of scientific management," pioneered principles of efficiency and…
Read insight →Stock Exchange In GIFT City, IFSC
Global Overview: The 19th century witnessed significant economic and industrial expansion, especially with the rise of railroads. This led to the establishment of stock exchanges in various cities to facilitate the…
Read insight →(FAQs) on IFSC Insurance Intermediary Offices (IIIOs)
1. Is there a specific regulatory framework for undertaking insurance intermediation business in IFSCs? The undertaking of (re)insurance intermediation business in an International Financial Services Centre (IFSC) is…
Read insight →Fintech Entity In GIFT City, IFSC
Global Overview: The fintech landscape continues to evolve, with advancements in artificial intelligence, machine learning, big data analytics, and the increasing adoption of digital currencies. Regulatory frameworks…
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