Our Committees

Tasked with overseeing the organization's adherence to applicable laws, regulations, industry standards, and internal policies while serving as the primary interface between the Association and regulatory authorities. The Committee shall monitor emerging regulatory and compliance risks, review and recommend updates to internal policies, procedures, and controls, assess regulatory risk exposures, oversee compliance awareness and training initiatives, and escalate significant compliance gaps or breaches to the Members. It shall also keep members informed of amendments to laws, rules, regulations, circulars, and notifications issued by IFSCA and other relevant exchanges and regulatory authorities.

The Committee shall monitor regulatory developments, review consultation papers and policy updates, facilitate the dissemination of regulatory information among members, compile and consolidate industry feedback for appropriate consideration by the Association, and organize knowledge-sharing sessions, awareness programmes, and capacity-building initiatives to promote informed regulatory compliance and industry best practices.

The Product Development Committee shall be responsible for identifying, evaluating, and recommending new products, services, or initiatives that align with the objectives of the Gift Brokers Association (GBA) and support the evolving needs of its members. This committee would play a crucial role in enhancing the financial offerings and market competitiveness within the GIFT IFSC ecosystem. It would primarily focus on identifying, developing, and promoting new financial products and services that benefit GBA members and the broader market.