India International Financial Services Centres Authority signs MoU with IIT Gandhinagar to build a regulatory-academic collaboration framework for GIFT IFSC

The India International Financial Services Centres Authority (IFSCA) signed a memorandum of understanding with the Indian Institute of Technology Gandhinagar (IITGN) to create a structured framework for regulatory-academic collaboration aimed at supporting the development of the GIFT International Financial Services Centre (GIFT IFSC) ecosystem. The MoU covers two-way cooperation on knowledge exchange, capacity building, entrepreneurship support, talent development, and policy-relevant research, with a focus on areas such as Financial Technology (FinTech) and regulatory innovation, Artificial Intelligence and Machine Learning (AI/ML), Distributed Ledger Technology (blockchain), quantum technologies, and other frontier technologies relevant to financial services. It also provides for academic and executive education initiatives including specialized courses, workshops, and certification programs in FinTech regulation, Regulatory Technology (RegTech), Supervisory Technology (SupTech), financial policy, and other areas regulated by IFSCA, alongside joint hackathons and innovation challenges. The arrangement also envisages internships for IITGN students at IFSCA (subject to applicable policies) and participation by IITGN faculty in IFSCA working groups and committees, with student support where appropriate.