SPAC: The IFSCA – SEBI Proposal
Introduction On 11th March 2021, two government regulators – Capital and domestic market regulator and watchdog SEBI, and the counterpart for Fintech hub GIFT City of Gujarat, the International Financial Services Centres Authority (IFSCA) are on the board in order to facilitate the launching of Special Purpose Acquisition Companies (SPACs) in India. Wall Street’s hottest …