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 issue highlights a new agreement between financial regulators of both countries. The key takeaway is that the MoU promotes collaboration, transparency, and stronger financial ecosystems.
IFSCA approved the first foreign family office fund under its 2025 regulations. The move strengthens GIFT IFSC’s position as a global destination for private wealth management.
The issue concerns enhanced cyber security norms for critical financial institutions. The takeaway is mandatory compliance with a detailed framework to strengthen resilience and protect market integrity.
The circular prohibits fiduciaries from providing multiple services to the same scheme to avoid conflicts. It ensures independent oversight and strengthens investor protection.
IFSCA requires PSPs to obtain approval before joining Rupee Drawing Arrangements. The rule ensures strict adherence to AML, KYC, and CTF norms in cross-border payments.
The authority identified inconsistent SAC usage across IFSC units, impacting data reliability. It proposes standardised classification to improve reporting accuracy and comparability.
IFSCA has revamped reporting norms with updated formats and new intermediary categories. The circular mandates quarterly reporting and strengthens supervisory oversight.
IFSCA has specified mandatory ICSI courses for KMPs and employees in IFSC entities. The directive requires completion by September 30, 2026, to strengthen regulatory knowledge and compliance standards.
The circular addresses the need for standardized regulatory knowledge among intermediaries. It mandates certification for key personnel to ensure compliance and improve operational standards.
IFSCA mandated a certification course for KMPs and core employees of fund management entities. The ruling ensures adherence to regulatory standards and professional competence.
