Corporate Law : Learn how GIFT City IFSC operates, the approval process, tax benefits, compliance obligations, and why only approved SEZ units rec...
Finance : Regulated entities in GIFT City must submit their annual cyber security audit reports by 29 June 2026. The framework requires both...
Finance : The draft IFSCA Amendment Bill, 2026 introduces Variable Capital Companies (VCCs), creating a modern fund structure with segregate...
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...
Finance : IFSCA proposes a regulatory framework for direct listing without public offer in IFSCs and invites public comments by August 3, 20...
Finance : IFSCAs updated Registration of Insurance Business Regulations prescribe registration, operations, governance and compliance requir...
Finance : IFSCA invites comments on a draft FCSS circular requiring IBUs to use FCSS, promote real-time USD settlements, and meet customer c...
Finance : IFSCA has proposed a draft circular requiring member IBUs in GIFT IFSC to route inter-bank transactions through FCSS. The proposal...
Finance : IFSCA has released draft regulations for International Branch Campuses and invited public comments until 10 July 2026. The proposa...
Finance : IFSCA has revised its internet banking framework, giving existing IBUs until 31 July 2026 to comply, failing which they cannot onb...
Finance : IFSCA has amended its circular to require financial institutions to remit eligible funds received in SNRR accounts to their IBU ac...
Finance : IFSCA has amended its AML exemption circular to require all financial institutions, including exempt entities, to route business-r...
Finance : IFSCA removed the minimum net worth requirement for eligible SEZ units and expanded access to Qualified Jeweller status. The amend...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
The regulator has formally recognized operating and hybrid leases of oilfield equipment as financial products. This brings such leasing activities under the IFSC regulatory framework from the date of notification.
The issue was restricted access to bullion imports through IFSC. The circular widens eligibility and clarifies compliance, easing imports while retaining regulatory safeguards.
The regulator expanded the IIBX framework to permit eligible SEZ jewellery exporters and Advance Authorisation holders to import gold and silver. The move lowers entry barriers while maintaining defined compliance safeguards.
The regulator introduced wide-ranging amendments to AML and KYC norms, covering customer risk confidentiality, STR handling, and onboarding safeguards. The key takeaway is tighter compliance standards combined with clearer exemptions and operational clarity for IFSC entities.
The regulator has extended the timeline for implementing revised appointment norms under the CMI Regulations. Intermediaries now have time until 15 January 2026 or the notification of amended rules, whichever is earlier.
The circular addresses ambiguities in calculating liquid net worth under the CMI Regulations. It clarifies what capital, margins, and exclusions must be considered for compliance.
The circular addresses gaps in online banking by laying down granular compliance norms for information, interactive, and transactional services. The ruling strengthens customer protection and mandates phased compliance for existing IBUs.
The 2025 regulations overhaul how Global In-House Centres can be set up and operated in IFSCs, replacing the 2020 regime. They clarify eligibility, services, compliance, and regulatory oversight to strengthen IFSCs as global financial hubs.
The regulator relaxed KMP eligibility, expanded experience criteria, and allowed flexible PPM extensions. The move aims to reduce operational hurdles while protecting investors.
Entities providing TechFin or Ancillary Services from IFSC must obtain a Certificate of Registration under TAS Regulations, 2025, before starting operations.
