0000742007 00000 n GIFT City is an integrated development on 886 acres of land with 62 mn sq. Also, the IFSCA will look after securities, deposits, contracts of insurance, etc. 0000690046 00000 n 0000001499 00000 n (g) “International Financial Services Centre” means an International Financial Services Centre set up, before or after the commencement of this Act, under section 18 of the Special Economic Zones Act, 2005 (28 of 2005); (h) “Member” means a Member of the Authority and includes the Chairperson; The recent appointment of former Corporate Affairs Secretary Injeti Srinivas as the first chairman of the newly established regulator, International Financial Services Centres Authority, and the political slugfest in Hong Kong — an established financial centre in Asia — have put the spotlight on India’s aspirations to be a hub of international financial services (IFS). MENU. 0000002253 00000 n Nazrul Islam Khan Chairman & Independent Director: Mr. M. A. Hashem Independent Director: Mr. M Nurul Alam 0000002137 00000 n Bloomberg hosted Injeti Srinivas, Chairman of the International Financial Services Centre Authority (IFSCA) for an exclusive discussion on the opportunities and challenges ahead as … He is a Member of the Dubai Supreme Fiscal Committee and Deputy Chairman of the Supreme Legislation Committee. About IFSCA International Financial Services Centres Authority. 0000071365 00000 n The space is spread over 14 floors of a 24-storey building that counts International Financial Services Centres Authority and Sequel Logistics as other key tenants. India is the fastest growing ~USD 3 Tn economy in the world and the 5th largest overall Achieved highest total ... India’s first International Financial Services Centre established at GIFT City, Gujarat regulated by IFSCA. 0000689254 00000 n 0000001565 00000 n 0000024389 00000 n 0000689936 00000 n As the dynamic nature of business in the IFSCs requires a high degree of inter-regulatory coordination within the financial sector, the IFSCA has been established as a unified regulator with a holistic vision in order to promote ease of doing business in IFSC and provide world class regulatory environment. On July 6, 2020, the retired 1983 batch IAS officer from Odisha Cadre, Injeti Srinivas was appointed as the first chairman of the International Financial Service Centre Authority. ft. of Built Up area which includes Office spaces, Residential Apartments, Schools, Hospital, Hotels, Clubs, Retail and various Recreational facilities, which makes this City a truly “Walk to Work” City. Hong Kong has been officially anointed by the Chinese Government as “China’s international financial services centre” and plays an important role in managing the internationalisation of the RMB, one of the world’s most significant “mega-trends”. Chairman, IFSCA. The International Financial Services Centre (IFSC) can become a gateway for international business and provide a comprehensive range of financial services to Indian diaspora and others, according to a report by an expert committee constituted by the International Financial Services Centres Authority (IFSCA). Areas of Business. 0000140528 00000 n 0000139317 00000 n Official web site of the IFSC in Dublin containing information about all companies trading in the IFSC. GIFT City is a multi-services that provides a special economic zone (SEZ) which has set up the first International Financial Service Centre in India (IFSC) in accordance with the SEZ Act 2005. 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