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 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 : The conference examined how regulatory flexibility and tax incentives are transforming GIFT-IFSC into a global treasury hub. It hi...
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...
IFSCA and RBI have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision of regulated entities in their respective jurisdictions.
As part of the operational risk management, these MIIs are required to set up Disaster Recovery (DR) site to provide essential facilities and perform systemically critical functions relating to trading, clearing and settlement in securities market during any unforeseen circumstances.
International Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby directs that certain provisions of the Companies Act, 2013 (18 of 2013) as specified in column (2) of the table below, shall apply with such exceptions, modifications and adaptations as specified in column (3) of the said table, to financial products, financial services or financial institutions in an International Financial Services Centre, namely:—
IBUs are directed to follow the IFSCA KYC guidelines with immediate effect. IBUs are also advised that guidelines/circulars of the domestic financial sector regulators on the issues covered by the IFSCA KYC guidelines shall cease to apply with immediate effect.
International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 i.e. IFSCA (AML/CFT and KYC) Guidelines, 2022. INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 28th October, 2022 IFSCA/2022-23/GN/GL001.—International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 TABLE OF CONTENTS Sl. No. […]
In order to facilitate testing of innovative products/services falling within the regulatory ambit of more than one financial sector regulators viz. RBI, SEBI, IRDAI, IFSCA and PFRDA, a Standard Operating Procedure (SOP) for IoRS has been prepared by the Inter-Regulatory Technical Group on FinTech (IRTG on FinTech). The Securities and Exchange Board of India today placed on its website the SOP for IoRS.
International Financial Services Centres Authority, (Setting up and Operation of International Branch Campuses and Offshore Education Centres) Regulations, 2022
A ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA) submitted its final report to Chairperson, IFSCA on October 03, 2022.
Rule 29A. Procedure of import or export or procurement from or supply to Domestic Tariff Area of aircraft by a Unit in International Financial Services Centre
Understand the differences between retail and non-retail fund management entities under IFSCA regulations. Learn about the framework for investment funds in Indias International Financial Services Centre (IFSC).
