<h1>IFSCA Proposes New Framework for Issuing and Listing Securities in IFSCs, Targeting ESG, Fintech, and Start-Ups.</h1> The International Financial Services Centres Authority (IFSCA) has proposed a regulatory framework to enhance the issuance and listing of securities in India's International Financial Service Centres (IFSCs). This initiative aims to align with global best practices and simplify business processes, focusing on innovative sectors like ESG, fintech, and corporate restructuring. The framework supports capital raising for start-ups, SMEs, and SPACs, and includes provisions for debt securities linked to ESG and smart cities. The plan aligns with India's 2021-22 Union Budget, which emphasizes developing a fintech hub at GIFT City. Public feedback on the draft regulations is invited until March 31, 2021.