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...
Pension funds must provide detailed disclosures, reports, and grievance redressal systems. Subscribers gain access to transparent information and accountability. The ruling prioritizes investor rights and awareness.
Form 148 introduces a compulsory quarterly filing requirement for IFSC units reporting all remittances to non-residents. The key takeaway is that compliance is mandatory regardless of taxability.
The recognition is based on alignment with global regulatory frameworks like PFMI. The ruling highlights India’s commitment to international standards. This boosts investor confidence and global integration.
The bill proposes extensive amendments across corporate laws, including LLPs, audits, and director regulations. It aims to improve transparency, simplify compliance, and strengthen enforcement mechanisms.
Inspections revealed absence of Principal and Compliance Officers and inadequate infrastructure. IFSCA initiated regulatory action to enforce strict compliance.
The circular directs eligible financial institutions to provide interest support for export factoring to MSMEs. The key takeaway is improved access to export finance through regulated entities.
The authority proposed registration, governance, and compliance norms for TCSPs supporting leasing transactions in IFSC. The framework seeks to align the ecosystem with global aircraft leasing hubs.
The consultation paper proposes making credit rating withdrawal provisions principle-based rather than limited to specific situations. The aim is to align regulations with evolving market practices and global standards.
The new framework allows FinTech entities to test innovative financial solutions under regulatory supervision. It replaces the earlier 2022 sandbox guidelines with expanded testing mechanisms.
The proposed regulations introduce a formal framework for Managing General Agents in the IFSC. The rules aim to regulate underwriting, claims management, and insurance intermediation with stronger governance standards.
