Now Reading: Trilegal Opens Office in GIFT City IFSC
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Trilegal Opens Office in GIFT City IFSC
Trilegal has opened an office in Gujarat International Finance Tec-City, expanding its presence in the International Financial Services Centre (IFSC). The office will advise financial institutions, investment funds, companies, intermediaries and other…
Trilegal has opened an office in Gujarat International Finance Tec-City, expanding its presence in the International Financial Services Centre (IFSC). The office will advise financial institutions, investment funds, companies, intermediaries and other participants in GIFT IFSC.
The firm will draw on its banking and finance, capital markets, investment funds, corporate and M&A, financial regulatory, fintech and tax practices. Its entry comes as GIFT IFSC develops across banking, fund management, capital markets, insurance and fintech, with the International Financial Services Centres Authority framing regulations for these activities.
Trilegal partners Nishant Parikh, Sridhar Gorthi and Pallabi Ghosal said the office would support cross-border investment, financial transactions, fund structures and regulatory work. Khaitan & Co and SNG & Partners have also opened or announced GIFT City offices, joining firms already present there.
Indian Opinion Analysis
GIFT IFSC is designed to let international financial activity take place from an Indian jurisdiction with rules tailored to cross-border business. The International Financial Services Centres Authority acts as the unified regulator for activities in the centre, reducing the need for firms to deal separately with several domestic financial regulators. Its growth will depend on whether fund managers, banks and insurers choose the centre for actual operations rather than limited registration or structuring work. The next signals will be new licences, fund launches and transaction volumes recorded by the regulator.
Source: legal.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
