<h1>Expert Committee Recommends Adopting Variable Capital Companies for Enhanced Fund Management in India's IFSCs.</h1> An expert committee, led by Dr. K.P. Krishnan, submitted a report to the International Financial Services Centres Authority (IFSCA) on the feasibility of Variable Capital Companies (VCCs) in India. The committee explored VCCs as a potential legal structure for fund management within India's International Financial Services Centres (IFSCs). VCCs offer advantages over traditional entities like limited liability companies, partnerships, and trusts, by providing higher regulatory standards and flexibility in fund management. The report recommended adopting a VCC-like structure to enhance the fund management ecosystem in IFSCs, drawing on successful examples from jurisdictions like the UK, Singapore, Ireland, and Luxembourg.