IFSCA Relaxes Rules for Family Investment Funds in GIFT City

Fund structures are gaining popularity among wealthy individuals in India as optimum structures to help with wealth planning, investments, and tax management. Family offices are viewing GIFT City, India’s first international financial services centre (“IFSC”), for the purpose of facilitating global investments in a structured manner. 

The IFSC funds regime envisages a ‘Family Investment Fund’ (“FIF”) as a self-managed fund set up in the IFSC for pooling money from a ‘single family’. FIFs can be set … Read the rest

Former Ukrainian prime minister files appeal in two-decade saga over laundered funds

Former Ukrainian prime minister files appeal in two-decade saga over laundered funds

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The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here.

Volodymyr Zelenskyy, the president of Ukraine, has been much in the news for his visit to Washington, D.C., urging greater cooperation with the United States in response to the Russian invasion. But Zelenskyy is not the only Ukrainian leader making an appeal in the U.S. capital. This week, we highlight … Read the rest

Center for Produce Safety funds 14 new research projects

In an effort to help answer the fresh produce industry’s most urgent food safety questions, the Center for Produce Safety (CPS) is funding 14 new research projects, valued at more than $ 3.9 million.

These 14 new projects are aimed at answering industry questions about leafy greens production in controlled environments, evaluating and mitigating risk from Listeria monocytogenes and Salmonella, and Cyclospora detection. 

Researchers’ proposals were vetted by industry experts on the CPS Technical Committee and other expert volunteers.

One … Read the rest