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<h1>IFSCA Forms Expert Committee to Develop Regulatory Framework for Investment Funds in India's IFSCs.</h1> The International Financial Services Centres Authority (IFSCA) has formed an Expert Committee on Investment Funds to develop a regulatory framework for the funds industry in India's International Financial Service Centres (IFSCs). Chaired by a prominent industry leader, the committee includes experts from various sectors such as technology, distribution, and legal compliance. It aims to recommend a long-term vision and structure for investment funds, focusing on both immediate and mid-term strategies. The committee will also address critical issues for the industry's development, including inter-regulatory matters, to enhance the global reach and operational ease of GIFT-IFSC.