Page-2 of International Financial Services Centre Current Affairs, GK & News
The Union Cabinet has recently approved establishment of a unified authority for regulating all financial services in International Financial Services Centres (IFSCs) in India through IFSCs Authority Bill of 2019. The establishment of a unified financial regulator for IFSCs will result in providing world-class regulatory environment to market participants from an ease of doing business ..
Topics: Corporate tax avoidance • Economy • Financial centre • Financial regulation • Financial Regulator • International business • International Financial Services Centre • Money • Offshore finance • Securities and Exchange Board of India • Tax avoidance
The Union Cabinet headed by Prime Minister Narendra Modi has approved setting up of a unified authority for regulating all financial services in international financial services centres (IFSCs) in the country. The government has approved a bill to set up a unified regulator. Fact Box The first IFSC in India was set up at GIFT City in Gandhinagar, Gujarat. Promoting the Ease ..
Category: Legal & Constitution Current Affairs
London has retained its position as the world’s top financial centre in the 2017 Global Financial Centres Index (GFCI). The index is compiled and published by Z/Yen Group, which ranked 92 financial centres globally on factors such as infrastructure and access to high-quality staff. New York has acquired 2nd position followed by Hongkong, Singapore, Tokyo, ..
Topics: Economist Intelligence Unit • Economy • Financial centre • Global Financial Centres Index • International Financial Services Centre • Money • Offshore finance • Residual-current device • Z/Yen