Finance : The article explains the educational qualifications, experience requirements, and certifications mandated for Principal Officers o...
Income Tax : Form 148 introduces a compulsory quarterly filing requirement for IFSC units reporting all remittances to non-residents. The key t...
Corporate Law : The bill proposes extensive amendments across corporate laws, including LLPs, audits, and director regulations. It aims to improve...
Finance : The Union Budget 2026 extends tax deductions for IFSC units to 20 years and provides a concessional 15% tax rate post-holiday, str...
Income Tax : The proposed amendment doubles the deduction period for IFSC units. It offers long-term tax certainty to boost global competitiven...
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
Finance : The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance O...
Finance : The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory defin...
Finance : IFSCA released a consultation paper proposing changes to premium-related regulations after the Insurance Act, 1938 was amended thr...
Finance : IFSCA approved draft Managing General Agents Regulations, 2026 to regulate registration and operations of MGAs in IFSCs. The frame...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
Finance : IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporati...
Finance : IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aim...
Finance : IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vuln...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs. It aims to promote innovation while maintaining regulatory oversight.
IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing framework. No equity holding or other corporate linkage is required for this purpose.
IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporations in IFSCs. The move simplifies compliance and strengthens regulatory clarity across the IFSC ecosystem.
IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aims to improve compliance monitoring and regulatory transparency.
IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vulnerabilities. The advisory urges stronger cyber resilience measures and risk reassessments.
The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations under transitional provisions must comply with the fee structure prescribed under the TAS Regulations framework. A one-time extension for fee remittance until May 31, 2026, was also provided.
The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance Offices, including international business generated outside India. The guidance also explains compliance responsibilities of MGAs and foreign reinsurers.
The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory definition of general insurance business. The decision clarifies the legal position for re-insurance entities operating in IFSC jurisdictions.
The updated IFSCA framework creates a detailed regulatory structure for ship leasing activities in IFSCs, including operating and financial leases. The circular aims to strengthen India’s maritime finance ecosystem through GIFT City and other IFSCs.
IFSCA clarified that IFSC Banking Units can avail voice broking services from registered TechFin and Ancillary Service Providers. The guidance aligns voice broking permissions with the IFSCA Banking Handbook and 2025 regulations.
