AIMA APAC Webinar: The Next Big Opportunity – GIFT IFSC & India Union Budget
The Government of India launched India’s first International Financial Services Centre (IFSC) at Gujarat International Finance Tech-City (GIFT City), Gujarat. IFSC at GIFT City, provides a strategic location to develop an efficient platform comparable to other leading Offshore financial centres.
Over time, various regulations have been formulated or liberalised to provide a competitive regime that makes set-up of AIFs by offshore investors, especially credit funds, distressed funds and hedge funds, in the IFSC more attractive.
This session will explore what makes IFSC comparable to other leading Offshore financial centres, as the panel experts discuss the opportunities, regulatory and taxation framework of this new regime and its nuances.
The speakers will also touch on the key amendments relevant to the fund houses and investment managers in the India Union Budget 2021 that will be presented on 1 February.
APAC Webinar: The Next Big Opportunity – GIFT IFSC & India Union Budget
A recording is available for replay here.
Speakers:
Tushar Sachade, Partner, Deals, PricewaterhouseCoopers Private Limited
Kunal Shah, Partner, Deals, PricewaterhouseCoopers Private Limited
Dipesh Shah, Head Development & International Relations, International Financial Services Centres Authority
Moderator: Kher Sheng Lee, Managing Director, Co-Head of APAC and Deputy Global Head of Government Affairs, AIMA