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. 0000002100 00000 n 1.1 What is International Financial Service Centre (‘IFSC’)? About IFSCA International Financial Services Centres Authority. 0000689291 00000 n The spirally rising volume invokes the Chinese myth of flood dragons emerging from the sea – a perfect metaphor for the strength and power … 0000002367 00000 n IFSC is set-up to undertake financial services transactions that are currently carried on outside India by overseas financial institutions and overseas branches / subsidiaries of Indian financial institutions (IFSC unit is … The International Financial Services Centre (IFSC) is a major financial services centre in North Wall, Dublin, Ireland.The centre ostensibly employs 14,000 people and comprises the area between Memorial Road, Amiens Street, Lower Sheriff Street (including part of Crinan Strand), Guild Street, and the River Liffey along North Wall Quay and Custom House Quay. �c��"�,|�* �-�9j`�5e�Z��c 0#xX���X��ဳ^�ׄ/@��+ϯ�r�Qza�2m���*g@��^�23����Z|�@���I�@�Uz��XLtY�N2``K�� � 2:�u@�=@���� � �h��lFC�7�@1 �Al�2�0�]0\4X>�>&v���H��g0220�؉�ez�!����`#��%��dA���6,`�cq����gPY8� _��BC�� �XG�o����`��h� �b �I� ��h� endstream endobj 321 0 obj <> endobj 322 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>> endobj 323 0 obj [/ICCBased 338 0 R] endobj 324 0 obj <> endobj 325 0 obj <> endobj 326 0 obj <>stream Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that Art Certosimo has been appointed Chairman of the … Astana International Financial Centre. Injeti Srinivas appointed First Chairman of International Financial Services Centre Authority July 7, 2020 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. 0000001499 00000 n 0000689872 00000 n trailer <<2C5CA66CC6F24922A3DDA9C0B8CC7D38>]/Prev 1464278>> startxref 0 %%EOF 358 0 obj <>stream The headquarters of IFSCA is located at GIFT city in Gandhinagar, Gujarat. Under his push, the home buyers were included as financial creditors under IBC for housing projects to make sure they had powers to make construction firms accountable. Financial Statements (Audited) for the Year ended December 31, 2019. Mr. Md. (iii) The Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - These guidelines by SEBI aim to facilitate and regulate the financial services related to securities market in an International Financial Services Centre (IFSC), under Section 18(1) of Special Economic Zones Act, 2015. Areas of Business. 0000689404 00000 n The International Financial Services Centre (IFSC) is an area of central Dublin and part of the CBD established in the 1980s as an urban regeneration area and Special Economic Zone (SEZ) on the derelict state owned former port authority lands of the reclaimed North Wall and George's Dock areas of the Dublin Docklands. Astana International Financial Centre (AIFC) plays a pivotal role in positioning itself as a global centre for business and finance, connecting the economies of the Central Asia, the Caucasus, EAEU, West China, Mongolia, Middle East and Europe. History; Living in T&T; Accessibility h�b```�2vIa`e`�r(02^�fb``�dd�u��1�q� Category: Persons in News Current Affairs, Topics: Gift City • IBC • IFSCs • Injeti Srinivas • Insolvency and Bankruptcy Code • International Financial Services Centre, © Copyright 2009-2019 GKToday | All Rights Reserved, Current Affairs [PDF] - January 1-15, 2021, Current Affairs MCQs PDF - December, 2020, Current Affairs [PDF] - December 16-31, 2020. 0000001565 00000 n 0000139866 00000 n Get all the live Quotes on INDIA 50 Futures and options, real time prices of Equity, currency and commodity derivatives. The role of the Advisory Board is to advise the International Centre for Financial Services (ICFS) on its activities, particularly the development of new activities, assist in fund raising and support for research projects, provide a communication channel between the ICFS and the financial services industry and enhance the scope and quality of the Centre's activities. 0000001076 00000 n He retired from service as Secretary to Ministry of Corporate Affairs. BPO/Shared Services; Financial Markets; Why T&T. 0000188851 00000 n 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. Ireland's finance portal for International Financial Services. 0000193935 00000 n Overview of IFSC IFSC Business … MENU. 0000689971 00000 n 0000741679 00000 n 0000047846 00000 n 320 0 obj <> endobj xref 0000002137 00000 n 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”. Sebi Chairman Ajay Tyagi today took stock of functioning of securities markets at GIFT City International Financial Services Centre. H.E. The International Financial Services Centre in Dublin Ireland. The officer had played a leading role in pushing reforms in Insolvency and Bankruptcy Code and Companies Act. 0000702607 00000 n 0000689254 00000 n The IFSCA committee submitted its interim report on development of international … 0000002253 00000 n 0000071365 00000 n 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. 0000000016 00000 n Official web site of the IFSC in Dublin containing information about all companies trading in the IFSC. Since the 2015 launch of International Financial Services Centre (IFSC) in Gujarat's GIFT City, several initiatives at policy, regulatory and operational levels have helped India’s IFSC dream take shape and gain attention from far and wide. 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. 0000164999 00000 n Nazrul Islam Khan Chairman & Independent Director: Mr. M. A. Hashem Independent Director: Mr. M Nurul Alam 0000139317 00000 n 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). The retired diplomat has been appointed as the chairman for a period of three years. The IFSCA was established by the Ministry of Finance on April 27, 2020. 0000140528 00000 n Chairman, IFSCA. 0000768213 00000 n The International Financial Services Commission, also known as the “IFSC” or the “Commission” was established by the enactment of the International Financial Services Commission Act (IFSCA) on 3rd May 1999 and brought into force in 2000. }�5����!�nCѦ�`��tWl�$����6��ql�r�%��(TC��K}\�nc��6�׉�.�x�8U�M��4�@h� W�'=�� �������P"����Ý�Ha�j���'�i��p�u�����h`C���UNrc����9ȶ[�̀j�^_@zCf�7����h�`�߸�q�`���iI�f܈6�#܎��Xt'�Zx"6����FPgȱ�Рۓ+�%�-7��!��Z����~lr� �n�;�4��K;� K١�1y���=n�a����P���t�|���ί{�5��s@�%�_�. 0000702425 00000 n Ireland’s international financial services industry, in a private sector initiative, has announced its intention to create the role of Chairman of IFSC Ireland. He was the head of the Insolvency Law Committee. Also, the IFSCA will look after securities, deposits, contracts of insurance, etc. GIFT City is an integrated development on 886 acres of land with 62 mn sq. 0000139950 00000 n 0000742007 00000 n 320 39 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. 0000116652 00000 n 0000689585 00000 n 0000094204 00000 n Exizent, the Glasgow-based technology firm whose innovative platform is transforming bereavement by connecting legal services firms with banks and the wider financial services … Gujarat International Finance Tec-City (GIFT) -A Global Financial & IT Hub. The American multinational investment bank and financial services company had booked 1 lakh sq ft earlier, but then decided to extend it by an additional 3 lakh sq ft now. Injeti Srinivas appointed First Chairman of International Financial Services Centre Authority Published: July 7, 2020 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. India International Exchange (IFSC) Limited (India INX) - India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City). 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). 0000690046 00000 n Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz (centre), listens to a comment from Chairman of the Jamaica International Financial Services Authority (JIFSA), Eric Crawford (right), at a seminar staged by JIFSA on April 6 in New Kingston. 0000024389 00000 n H�tW��e; ��W��;��8�Bb�@�Z�[L?��OUٹ}oO��znձ�ql����Z��W�m[O�o��|�#>����p�/[����:ں�e�\�V�_����?_~{)W�v�����fs\m�m ~���+$��V�U�/��^ݮ�=�7���_���\����_���W���Ӷ_�����*=���\��?��7{�V�[����o�5n�yl�����z��n�F����0�7~��[-X�v}���/rNnM�6�.~���fM�߾������o/���v��.7�Nܼ �Մ+����[��]�v?��-!8y��xUo�T�q�_D�-�5x���U�V�J��'�O|. 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. 0000702491 00000 n Former Taoiseach and EU Ambassador to the United States, John Bruton, has accepted the position. (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; 0000702124 00000 n 0000196584 00000 n 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. Read more about the measures by the MAS, Association of Banks in Singapore, the Life Insurance Association, the General Insurance Association and the Finance Houses Association of Singapore to help individuals and SMEs affected by the COVID-19 pandemic.. MAS has announced a $125 Million support package for the financial and FinTech sectors to sustain and strengthen capabilities. Essa Kazim is Governor of the Dubai International Financial Centre (DIFC). Article source: Aedas Aedas has recently completed the iconic 339-metres Hengqin International Financial Centre tower, which stands at the estuary of the Pearl River and overlooking Macau just across the waters. 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