The International Financial Services Centres Authority (IFSCA) was established, as the financial regulator of the IFSCs. Within a short duration, IFSCA has undertaken a gamut of measures, including laying down a comprehensive regulatory framework for various financial services, with a focussed mandate of how to make GIFT IFSC a thriving financial hub. Becoming an offshore... Read More
A periodic evaluation of the performance of Statutory Regulatory Authorities (SRAs) is necessary to ascertain the quality of their governance arrangements, and the processes and procedures they use in the execution of statutory functions. Primarily, such evaluations allow the regulator to improve institutional capabilities and showcase their efforts in building professional competence and an enabling... Read More