New Delhi: IIMA and the International Financial Services Centres Authority (IFSCA) have signed an MoU to strengthen active participation in evidence-based research to aid policy formulation and encourage research in emerging financial areas.
According to the agreement, both institutions will look into prospects for research, consulting, training, internships, and capacity building for policy analysis and development in finance and technology convergence, according to an official announcement.
Injeti Srinivas, Chairperson, IFSCA said, “It will provide an ideal platform for a two-way collaboration between IFSCA and IIMA, especially in the areas of policy research, economic impact analysis, strategy management and emerging areas such as FinTech, Climate Finance, etc.”
“IIMA is excited to strengthen evidence-based policymaking and regulation to build a globally competitive financial centre in India. This MoU will help create the foundation and provide an impetus for focused research and policy-making related to financial markets within the overall economic framework,” stated IIMA director Professor Errol D’Souza.
D'Souza also provided an outline of IIM Ahmedabad's different Centres of Research Excellence and the institute's pioneering research efforts.
IFSCA, a statutory entity-body created under the IFSCA Act 2019, with headquarters in GIFT City, Gandhinagar, is a unitary regulator tasked with developing and regulating financial products, financial services, and financial institutions.
IFSCA's principal goal is to build a strong global connection, focus on the needs of the Indian economy, and act as an international financial platform for the whole region and the world economy as a whole.
IIIM Ahmedabad has contributed to scholarship, practice, and policy through its distinctive teaching, high-quality research, developing future leaders, assisting business, government, and social entrepreneurship, and making a progressive effect on society.
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