• The International Financial Services Centres Authority (IFSCA) at GIFT City, Gujarat, serves as India's first International Financial Services Centre (IFSC) and regulates various financial activities.
The key activities under IFSCA include:
• Banking and Capital Markets - Allowing offshore banking, securities trading, and financial investments.
• Insurance and Reinsurance - Facilitating international insurance and reinsurance services.
• Fund Management and Asset Services - Supporting hedge funds, mutual funds, and other investment vehicles.
• FinTech and Sustainable Finance - Encouraging innovations in financial technology and green finance initiatives.
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