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 circular directs all banking units to implement the provisions of Sections 10, 11, 12, and 13 of the Banking Laws (Amendment) Act, 2025 under IFSCA’s supervisory powers.
The circular removes certain statutory lending restrictions for foreign bank IBUs while imposing stricter safeguards for director-related loans and corporate buy-back financing.
A detailed overview of how GIFT City is transforming into a world-class financial hub with 1,000+ entities, strong regulation, tax incentives, and cutting-edge infrastructure driving India’s global competitiveness.
The draft Master Circular consolidates all SEBI and IFSCA guidelines governing Broker Dealers and Clearing Members in IFSCs. It aims to simplify compliance and create a unified regulatory framework under the new CMI Regulations, 2025.
The draft guidelines aim to allow responsibly sourced gold from accredited Indian and global refineries on IIBX, promoting transparency, supply chain due diligence, and ethical bullion trading.
IFSCA allows IFSC Insurance Offices to raise invoices in any contract currency, but fund realization must be in specified foreign currencies, ensuring compliance and smoother transactions.
Explores IFSCA’s draft guidelines requiring MIIs to strengthen governance, access controls, network security, and cyber resilience. Highlights the need for advanced safeguards due to systemic market risks.
The circular requires GAPs and IBs to display detailed risk notices at every client login, ensuring investors understand key risks before accessing foreign markets.
The IFSCA has proposed widening the definition of Lloyd’s Service Companies to include group entities and members of Lloyd’s syndicates. The key takeaway is an expanded promoter base aimed at strengthening the IFSC insurance market.
New rules require designated directors and principal officers of regulated entities to complete a specialized AML/CFT certification. The directive ensures stronger compliance with IFSCA guidelines.
