India Business News: MUMBAI: The Cayman Islands, one of the biggest financing hubs for investing globally, has offered to sign memorandum of understanding (MoUs) with mark.

Cayman Islands eyes info pacts with Sebi & GIFT regulator

Collaboration Between India and Cayman Islands to Boost Investments

The Cayman Islands, a prominent global financing hub, has expressed its willingness to sign Memorandums of Understanding (MoUs) with India's markets regulator, Sebi, and the regulator for GIFT City, a key financial hub in India. This collaborative effort will facilitate the transparent exchange of information between the regulators.

According to André M Ebanks, Premier of the Cayman Islands, the primary objective of these meetings with regulators is to promote investments in India through a globally accepted and transparent manner. The country currently has a significant presence in India, with around $15 billion worth of global funds invested by foreign institutions based in the Cayman Islands.

Opportunities for Indian Companies

Listing on major global exchanges, including in the US
Establishing subsidiaries in the Cayman Islands

The Cayman Islands is open to the idea of Indian companies setting up subsidiaries in their territory to list on major global exchanges, including in the US. This presents a new opportunity for Indian businesses to expand their global presence.

Key Meetings and Events

OECD Conference in Delhi
Meetings with the Finance Minister, Sebi, and IFSCA in Mumbai

A delegation of finance ministry officials from the Cayman Islands, led by Premier André M Ebanks, has been in India to attend an OECD conference in Delhi and meet with key regulators, including the Finance Minister, Sebi, and IFSCA in Mumbai.

Key Takeaways: