Function fit
Which work sits inside the capability, where decisions are made and how it connects to the wider enterprise.
GIFT City practice
Test the regulated function before choosing the location.
GrowGCC helps companies determine whether a financial-services capability belongs inside India’s International Financial Services Centre in Gandhinagar, Gujarat.
The mandate
Define the perimeter of the work.
The assessment begins with the function, client and booking model, data and control requirements, risk ownership, operating feasibility and required legal, tax and authorisation specialists.
Regulatory perimeter
Which activities need specialist interpretation, authorisation or control design before an operating model can be chosen.
Operating feasibility
Leadership, talent, systems, data, vendors and governance required to operate responsibly.
Verified institutional context
India’s first International Financial Services Centre.
GIFT City is in Gandhinagar, Gujarat. The IFSC is regulated by the International Financial Services Centres Authority, established on 27 April 2020 under the IFSCA Act, 2019.
IFSCA acts as the unified regulator inside the IFSC. Specific authorisations, tax treatment and timelines require current advice from qualified specialists.
Source: IFSCA and the IFSCA Act, 2019.