Indian Economy News

FPSB India, IFSCA sign pact to promote GIFT IFSC as 'global finance hub'

The Financial Planning Standards Board India (FPSB India) has partnered with the International Financial Services Centres Authority (IFSCA) in GIFT City, Gandhinagar, to elevate GIFT IFSC into a 'Global Finance Hub'. This collaboration seeks to enrich the financial market ecosystem and cultivate skilled professionals to meet the growing demands of the financial workforce in GIFT City. FPSB India and IFSCA will organize international and domestic events to raise awareness and establish GIFT IFSC as a premier destination for global finance.

The Memorandum of Understanding (MoU) between FPSB India and IFSCA encompasses various initiatives, including talent pipeline support, ecosystem development, promotional activities, and research collaboration. FPSB India, as the leading financial planning body in the country, is dedicated to setting, upholding, and promoting professional standards in financial planning nationwide. This partnership underscores the joint commitment of both organizations to enhance GIFT IFSC's standing as a global financial centre and to foster a skilled workforce capable of navigating the complexities of the evolving financial landscape.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.