IIM-A, IFSCA collaborate to strengthen evidence-based policy research in financial area

Under the MoU, both the institutions will explore opportunities for research, consultancy, training, internships and capacity building for policy analysis and development in areas of finance and convergence of technology.

Indian Institute of Management Ahmedabad (IIMA) has collaborated with the International Financial Services Centres Authority (IFSCA). A Memorandum of Understanding (MoU) has been signed by the two bodies at the IIMA campus on February 10, 2022. Under this partnership, IIMA and IFSCA will cooperate and collaborate to strengthen active participation in conducting evidence-based policy research to aid policy formulation and also encourage research in emerging financial areas.

Under the MoU, both the institutions will explore opportunities for research, consultancy, training, internships and capacity building for policy analysis and development in areas of finance and convergence of technology, the press released informed.

Talking about the b-school’s collaboration with IFSCA, Professor Errol D'Souza, Director, IIMA said, "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 the impetus for focused research and policymaking related to financial markets within the overall economic framework". He also gave an overview of the various Centres of Research Excellence at IIM Ahmedabad and the pioneering research work that has been happening at the institute.

Shri 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.”.

IFSCA established under the IFSCA Act 2019, headquartered at GIFT City, Gandhinagar is a unified regulator which has been established with a mandate to develop and regulate the financial products, financial, and financial institutions in the International Financial Services Centres (IFSCs).

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