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IFSC forms panel to examine best practices in ship financing

IFSC forms panel to examine best practices in ship financing
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

IFSCA forms panel to examine best practices in ship financing and leasing

IFSCA forms panel to examine best practices in ship financing and leasing
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Fund management activity: Variable Capital Company structure recommended in IFSCs

June 01, 2021 K.P.Krishnan-led committee submits report to IFSCA Chairman Injeti Srinivas Fund management activity in India’s GIFT City the only international financial services centre (IFSC) in India may soon get a fillip with an IFSCA appointed panel recommending the adoption of Variable Capital Company (VCC)-like legal structure for the fund industry in such IFSCs. A VCC is basically an alternative form of corporate vehicle that dispenses with some of the key limitations of companies and LLPs and provides for higher regulatory standards than those applicable to trusts. A VCC can be used for both open-ended and closed ended alternative and traditional fund strategies.

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