International Financial Services Centres Authority Bill 2019. Current Affairs, GK & News

K.P. Krishnan Committee on Variable Capital Company submits report

June 3, 2021

Dr. K.P. Krishnan committee on “Variable Capital Company” has submitted its report to International Financial Services centres Authority (IFSCA) regarding feasibility of Variable Capital Companies in International Financial Services Centres in India. Background IFSCA had set up K.P. Krishnan committee to explore potential for allowing variable capital company (VCC) as an additional option using which ..

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Government to set-up a Unified Authority for Regulating Entities in IFSC

February 9, 2019

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 ..

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