The International Financial Services Centres Authority has notified the International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) (Amendment) Regulations, 2026, dated January 5, 2026, in exercise of powers under Sections 28 and 12 of the IFSCA Act, 2019. The amendment makes a limited but significant change to the 2024 regulations governing service providers offering book-keeping, accounting, taxation, and financial crime compliance services in International Financial Services Centres. Specifically, Regulation 12 of the principal regulations stands omitted in its entirety. Consequentially, the reference to “regulation 12” appearing in item number 5 of the Second Schedule is also removed, leaving only regulation 11 applicable for that item. The amended regulations come into force from the date of publication in the Official Gazette. The notification clarifies the regulatory framework by deleting an existing compliance provision and aligning the Second Schedule accordingly, thereby streamlining the applicable regulatory obligations for service providers operating under the IFSCA regime.
INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY
NOTIFICATION
Gandhinagar, the 5th January, 2026
International Financial Services Centres Authority (Book-keeping, Accounting,
Taxation and Financial Crime Compliance Services) (Amendment) Regulations, 2026.
F.No. IFSCA/GN/2026/002.—In exercise of the powers conferred by sub-section (1) of Section 28, read with sub-section (1) of Section 12 of the International Financial Services Centres Authority Act, 2019, the International Financial Services Centres Authority hereby makes the following regulations, further to amend the International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024 (hereinafter referred to as the principal regulations), namely:
1. (1) These regulations may be called the International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) (Amendment) Regulations, 2026.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the principal regulations, regulation 12 shall stand omitted.
3. In the SECOND SCHEDULE of the principal regulations, in item number 5, after the word and figure “regulation 11”, the word and figure “and 12” shall stand omitted.
PRAVEEN TRIVEDI, Executive Director
[ADVT.-III/4/Exty./598/2025-26]
Note:
The International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024 were published in the Gazette of India, Extraordinary, vide number G.S.R. 394, dated 06th June, 2024.
