IFSCA constitutes an expert committee on Investment Funds under the Chairmanship of Nilesh Shah

Current GK ( Master) Indian Economy

The International Financial Services Centres Authority (IFSCA) has constituted an expert committee on Investment Funds.
The Committee has been formed under the Chairmanship of Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Co. Ltd.
It will holistically review the global best practices and make recommendations to IFSCA on the roadmap for the funds industry in the International Financial Service Centres (IFSCs).
The other members of the Committee comprises of leaders from the entire Fund Management ecosystem including from areas such as technology, distribution, legal, compliance, and operations.
The International Financial Services Centres Authority (IFSCA) is based in GIFT City, Gandhinagar in Gujarat.
It is a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Service Centres (IFSCs) in India.