Page 5 - Ifsc

IFSCA prescribes regulatory framework for REITs and InvITs in IFSC

The International Financial Services Centres Authority (IFSCA) prescribed the regulatory framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC

Quit from here, then join, Sebi tells 350 officers seeking IFSCA deputation

Rejects all 350 applications; Newly formed unified authority International Financial Services Centres Authority (IFSCA) regulates govt's pet project GIFT city institutions

Foreign investors of AIFs in IFSC given exemption from furnishing PAN

This was a long-standing demand from foreign investors wanting to pool money at IFSC, instead of other offshore jurisdictions

Foreign investors get tax compliance relief for AIF investment in IFSC

AIF refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign

Sebi revises eligibility, shareholding limit for clearing corp at IFSC

The decision, aimed at streamlining the operations of IFSC, has been taken after consultation with stakeholders, the Securities and Exchange Board of India (Sebi) said in a circular

Sebi broadbases investors, relaxes ownership norms for bourses in GIFT City

Regulator expands shareholding limits of stock exchanges desirous of operating in IFSC

Experts bat for central govt buying stake in GIFT City to boost credibility

Suggest more incentives to help attract investments from Hong Kong

Sitharaman launches two exchanges to take on offshore currency market

The launch comes amid the world's most expansive coronavirus lockdown, which has crippled businesses and hurt trading volumes in the country's financial markets.

Sebi asks investment advisers operating in IFSC to have Rs 5-cr net worth

Earlier, the net worth requirement for investment adviser (IA) in IFSC was $1.5 million

Sebi amends the guidelines for intermediaries operating at GIFT City

Besides, the watchdog has changed the guidelines for reporting of financial statements by issuers listing their debt securities at IFSC.

Govt allows companies to list global depository receipts on Gujarat IFSC

A depository receipt is a foreign currency denominated instrument, listed on an international exchange, issued by a foreign depository to a domestic custodian and includes GDRs

Rupee futures in Gift City IFSC: Sebi caps position limit at $1 bn

Offshore market or overseas heading in rupee exchange rate market has grown bigger than domestic market, which was worrying the central bank

FM for cutting withholding tax to boost listing of bonds at IFSC exchange

The move will attract more international investors at IFSC exchange

Budget: International bullion exchange to be set up at IFSC in GIFT City

IFSC has the potential to become a centre of international finance and high end data processing, the Finance Minister said during her speech

RBI allows IFSC banking units to open foreign currency current accounts

As per the existing norms, IFSC Banking Units (IBUs) were not allowed to open any current or savings accounts

Govt moves Bill in Lok Sabha to set up unified regulator for IFSCs

As of now, banking, capital markets and insurance sectors in the IFSC are regulated by multiple regulators such as the RBI, Sebi, Irdai

Govt to set up unified regulator for IFSC, introduce Bill in Lok Sabha

The decision was taken at a meeting of the Union Cabinet on Wednesday

How to manage the offshore rupee market

There are price linkages between the offshore and onshore markets. During the depreciation of the rupee in 2013, the offshore market disrupted the domestic market for forex

Govt eases norms for re-insurers to set up shop at Gandhinagar IFSC

Opening an office at IFSC would allow global players to cater to the needs of customers outside the jurisdiction of the domestic economy

Govt brings single regulator Bill for intl financial services centres in RS

Banking, capital markets and insurance sectors in IFSCs are regulated by multiple regulators at present