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...
IFSCA clarified that the supersession of earlier fee circulars will apply from the date of commencement rather than the date of issuance, ensuring clarity in regulatory implementation.
A working group has recommended creating a regulatory ecosystem for Independent Financial Advisers at GIFT-IFSC. The proposal aims to improve investor protection and expand retail and NRI participation in the IFSC ecosystem.
IFSCA released draft guidelines seeking public comments to recognise credit risk mitigation techniques and allow capital relief for factoring transactions in IFSC.
The International Financial Services Centres Authority (IFSCA), through Circular No. IFSCA-CSD0MSC/1/2026-DCS dated March 10, 2026, has amended its earlier “Guidelines on Cyber Security and Cyber Resilience for Regulated Entities in IFSCs” issued on March 10, 2025. The amendment follows representations from regulated entities (REs) highlighting challenges in complying with certain provisions of the original circular. […]
The consultation paper proposes a regulatory framework governing preferential issues and QIPs by IFSC-listed entities, focusing on disclosure norms, investor protection, and streamlined capital raising.
The draft regulations aim to curb insider trading, market manipulation, and fraudulent practices in IFSC securities markets while replacing existing SEBI rules.
The proposed regulations prescribe timelines, subscription periods, allotment procedures, and monitoring of issue proceeds for rights issues by IFSC-listed entities. The framework seeks to ensure orderly and transparent capital raising.
Rule 284 of the Draft Income-tax Rules, 2026 exempts income of non-residents from certain derivative transactions in IFSCs, provided contracts are not linked to a permanent establishment in India.
The International Financial Services Centres Authority issued a circular on 2 March 2026 prescribing a comprehensive fee structure for entities undertaking or intending to undertake permissible activities in International Financial Services Centres (IFSCs) and for persons seeking guidance under the Informal Guidance Scheme, 2024. The circular applies to applicants seeking licence, registration, recognition, or authorisation […]
GSMC 2.0 reinforced GIFT IFSC’s global positioning by signing MoUs with multiple international stock exchanges to deepen cross-border capital connectivity. The conclave underscored regulatory credibility, liquidity development, and innovation-driven financial cooperation.
