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International Comparative Study on Development of Strategic Framework for making the IFSC as a Re-insurance Hub
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 financial centre is an important aspect of being a financial hub. Consistent with the IFSCA’s proactive approach, it commissioned the comparative study of international financial centres having a developed offshore reinsurance market. Therefore, the objective of this study is to look at regulatory regimes and features related to ease of doing business in other financial centres to draw lessons for GIFT IFSC, so it can develop capability to cater to the international reinsurance market.

Third Party Evaluation of regulatory performance of the Insolvency and Bankruptcy Board of India (IBBI)
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 regulatory environment. This is a first-of-a-kind study, which has been commissioned to evaluate performance of IBBI since its inception.