Tag: submits

IFSCA Committee submits interim report on development of international retail business

The International Financial Services Centres Authority (IFSCA) Expert Committee on international retail business development in the IFSC has submitted its interim report to the Chairperson of the IFSCA. The interim report covers a number of suggestions aimed at swift and efficient development of international retail businesses in the IFSC, and focuses mainly on the banking vertical. Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.

The Expert Committee has been constituted by the IFSCA with an aim to suggest how to develop international retail business in International Financial Services Centre (IFSC) along with potential strategies for making IFSC attractive for international financial services; provide a roadmap for future growth of international retail business in IFSC; and also examine and recommend any other issues that are important in the development of the IFSC.

Speaking of the vision

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IFSCA panel submits report on int’l retail business development

New Delhi: The International Financial Services Centres Authority’s (IFSCA) expert committee on international retail business development in the IFSC has submitted its interim report to the authority’s Chairperson.

The interim report covers a number of suggestions aimed at swift and efficient development of international retail businesses in the IFSC, and focuses mainly on the banking vertical. Other key business verticals — insurance, asset management, and capital markets — will be covered in reports that the committee plans to release subsequently.

The committee was constituted by the IFSCA with an aim to suggest how to develop international retail business in the IFSC, along with potential strategies for making the IFSC attractive for international financial services, provide a roadmap for future growth of international retail business in the IFSC, and also examine and recommend any other issues that are important in the development of the IFSC.

The committee has suggested that the

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Expert committee on financial services centres submits interim report on development of international retail business



a display in a store: Expert committee on financial services centres submits interim report on development of international retail business


© Jocelyn Fernandes
Expert committee on financial services centres submits interim report on development of international retail business

An expert committee on the International Financial Services Centres Authority (IFSCA) submitted its report on international retail business development to the chairperson of the IFSCA.

According to a statement issued by the government, the interim report covers a number of suggestions aimed at swift and efficient development of international retail businesses in the international financial centres (IFSC), and focuses mainly on the banking vertical.

Other key business verticals like insurance, asset management, and

capital markets, would be covered in reports that the committee plans to release subsequently.

“Our focus is to provide a best in class jurisdiction with progressive and light touch regulation to create an attractive location for international financial services. Our vision is to establish GIFT IFSC as a Dominant Gateway for global financial flows into and out of India,

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IFSCA panel submits report on int’l retail business development

New Delhi, Sep 21 (IANS) The International Financial Services Centres Authority’s (IFSCA) expert committee on international retail business development in the IFSC has submitted its interim report to the authority’s Chairperson.

The interim report covers a number of suggestions aimed at swift and efficient development of international retail businesses in the IFSC, and focuses mainly on the banking vertical. Other key business verticals — insurance, asset management, and capital markets — will be covered in reports that the committee plans to release subsequently.

The committee was constituted by the IFSCA with an aim to suggest how to develop international retail business in the IFSC, along with potential strategies for making the IFSC attractive for international financial services, provide a roadmap for future growth of international retail business in the IFSC, and also examine and recommend any other issues that are important in the development of the IFSC.

The committee has

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UPS submits initial proposal to build 46,600-square-foot Broomfield facility

United Parcel Service Inc. (NYSE: UPS) is looking to build a package distribution center near Broomfield’s Interlocken business district.

According to filings submitted to Broomfield planning staff, the delivery-service giant is planning to place the center on an undeveloped plot near 10355 W. 120th Ave., nestled between the Interlocken Office Park to the north, the Rocky Mountain Metropolitan Airport to the south and less than a mile west of the Denver/Boulder Turnpike.

UPS estimates that the value of the center if built would be about $10.6 million.

It’s unclear what UPS’ expected construction timeline is, or how many jobs could be produced within the center. A spokesman for the company declined to comment directly about the proposal, but said the greater Denver area is a location that UPS is considering for additional improvements to its ground network.

In March, the E-commerce giant Amazon Inc. (Nasdaq: AMZN) and McWhinney Real Estate

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