News From Press Allowing AMCs to advise FPIs to boost GIFT City appeal: Experts

Allowing AMCs to advise FPIs to boost GIFT City appeal: Experts

Source: Financial Express Jan 10, 2023

The Securities and Exchange Board of India (Sebi)’s decision to allow asset management companies (AMCs) to provide management and advisory services to all foreign portfolio investors (FPIs) operating from international financial services centres, or IFSCs, will give a significant boost to the GIFT City, said market and legal experts.

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