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Who Will Move To GIFT City?
Will the recent proposals help GIFT City's ambition to be counted in the league of fund-friendly jurisdictions?
02 Mar 2022, 01:51 PM IST
It’s Singapore, Cayman Islands, Luxembourg, Ireland, Mauritius vs GIFT City. Or at least that’s the ambition -- to be counted in the league of fund-friendly jurisdictions.To that end, the International Financial Services Centre Authority (IFSCA) has floated draft proposals for fund management activity in GIFT City.Until 2020, the Securities and Exchange Board of India provided a broad framework for setting up Alternative Investment F...
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