Ifsc regulations. Check IFSCA Directory available on the website.
- Ifsc regulations. These regulations and the requisite permissions, The regulatory powers of the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI) and Pension Read the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2023 issued by the IFSCA. GIFT City in Gujarat, India’s flagship IFSC, has Overview of IFSCA Fund Management Regulations 2025, covering investor criteria, fund valuation, disclosure norms, borrowing limits, and compliance requirements. The International Financial Services Centres Authority (IFSCA) has been established to regulate and develop financial services in the International Financial Services Centres The revision in regulations relating to distributors indicates intentional regulatory-hold over Registered Distributors, while easing upon Unregistered Distributors who simply want to distribute/ refer the IFSC based The International Financial Services Centres Authority (IFSCA) has issued a new circular to establish a regulatory framework for entities providing access to global financial SEBI provides guidelines for International Financial Services Centres to protect investors' interests and regulate securities markets effectively. Preliminary What is a Fund Management Entity? Fund Management Entity (FME) is an entity registered with the Authority under one of the categories specified in regulation 3(4) of the Short title and commencement (1) These regulations may be called the International Financial Services Centres Authority (Payment Services) Regulations, 2024. 07. IFSCA is a statutory authority that regulates and develops the International Financial Services Centres (IFSCs) in India. — (1) The Authority may, by notification, make regulations consistent with this Act and the rules made thereunder for carrying out the provisions of this Act. 5 Mn) and prior to notification of IFSCA (Fund Management) Regulations, 2022, the Introduction On 29 January 2024, the International Financial Services Centres Authority (IFSCA) notified the International Financial Services Centres Authority (Payment New IFSCA (Listing) Regulations, 2024 come into effect The IFSCA (Listing) Regulations, 2024 (“New Listing Regulations”) providing a unified regulatory framework for listing of securities Official website of the International Federation of Sport Climbing. Further, it is noted that SEBI AIF Regulations prescribe minimum scheme size at INR 20 Crore (~USD 2. The doctrine provides answers to frequently asked technical questions and clarifies 28. Notifications - Reserve Bank of IndiaHome NotificationsNotifications The International Financial Services Centres Authority (IFSCA) is the regulatory body for the Indian special economic zones such as the GIFT International Financial Services Centre for Further, as per sub-regulation (2) of Regulation 4 of RI Regulations, the policies and procedures for selecting and monitoring re-insurance arrangements as well as management The FAQs on the Registration of Fund Management Entities (FMEs) and Authorization of Schemes or Funds under IFSCA (Fund Management) Regulations, 2022 provide comprehensive guidance for entities An AIF in IFSC is permitted to make investments in securities listed on the IFSC, issued by companies incorporated in IFSC/India/foreign jurisdiction, units of other AIFs and other The regulatory journey of units established in IFSC has just commenced and the success of establishing a globally recognised financial service center lies at the ease of compliance, regulatory certainty, and debtor The IFS catalogue of requirements covers quality management, management responsibility, resource management, product realization, and measurements, analysis, and improvements. As the name suggests, it is a designated centre set up for the purpose of International Financial Services Centres introduced Banking Unit and Banking Company vide IFSC Authority Banking Amendment Regulations 2023. A background of the global market segment, existing IFSC market and applicable regulations, current state of development of the IFSC market and the goals of development of Representing the nation’s vision to become a global hub for international finance and commerce, GIFT IFSC ofers world-class infrastructure and a regulatory framework to attract leading The International Financial Services Centres Authority (IFSCA) on 19 February 2025, has notified the updated IFSCA (Fund Management) Regulations, 2022. Check IFSCA Directory available on the website. Leveraging the country’s abundant talent and resources, the IFSC is well-positioned to serve global financial markets in all time zones, including Hong Kong, London, and New York. IFSCA (Fund Management) Regulations, 2022 Brochure for Fund Management in GIFT-IFSC Should you have any queries on issues related to fund management, market participants and other stakeholders should not III. One-time PPM extension offered. New regulations take effect from January 14, 2025. 4 Calendar Events shall at all times be organised, undertaken and executed in strict accordance with these rules and all other relevant regulations published by the IFSC including, where a Official website of the International Federation of Sport Climbing. SEBI provides guidelines for International Financial Services Centres to protect investors' interests and regulate securities markets effectively. International Financial Services Centres Authority (Fund Management) Regulations, 2025, outline key provisions for fund management entities (FMEs) operating in (5) A Payment Service Provider shall identify an IFSC Banking Unit or an IFSC Banking Company as its Nodal Bank and intimate the same to the Authority along with a concurrence of the said 28. Comprehensive FAQs to guide prospective entities Alert: Beware of financial scams! Always deal with IFSCA regulated entities. The Sports & Technical Commissions shall be responsible to make recommendations for the IFS News Updated IFS PACsecure 3 Doctrine 30. Subject to the provisions of Section 1(3) of the Act, and save as otherwise provided in these Regulations or any other Regulations or directed by the Reserve Bank of India from time to International Financial Services Centres Authority notified IFSCA (Fund Management) Regulations, 2025 to repeal IFSCA (Fund Management) Regulations, 2022. Each section outlines specific Short title and commencement - These regulations may be called the International Financial Services Centres Authority (Investment by International Financial Service Centre Insurance IFSCA revises SNRR account rules, allowing IFSC units to open accounts outside IFSC for business transactions. Stay updated on the latest amendments and Key Highlights • Registration process: a fund set up in IFSC in the form of a trust or a company or a limited liability partnership or a body corporate, can seek registration under the Regulatory issues in setting up of FME in IFSC: A vexing issue which Indian managers exploring set-up of funds in IFSC have been facing is the requirement to obtain an approval from the Reserve Bank of India (“ RBI ”) for 5. The IFSCs in India, particularly at GIFT City, provide a conducive regulatory environment for Indian and foreign banks to operate globally, offering a wide range of financial services under stringent regulatory frameworks to Get clear insights on registering a finance company or unit under the IFSCA (Finance Company) Regulations, 2021. IFSCA announces transition to Fund Management Regulations 2025, extending PPM validity and reducing corpus for IFSC funds. These regulations may be called the International Financial Services Centres Authority (Finance Company) Regulations, 2021. Home Notifications FEMA FEMA New NotificationsForeign Exchange Management Act Notification Corrigendum IFSCA's 23rd meeting approved new regulations for capital market intermediaries, KYC agencies, and fund management, promoting transparency and ease of doing business. The Rules Commission and the other Sport & Technical Commissions are established in the IFSC Statutes, Article 14. IFSCA Banking Regulations, 2020 (“Regulations”) is the primary legislation governing the banking and investment activities in IFSC. Most of them are in line with the changes proposed in Background International Finance Service Centre (IFSC) is a designated zone physically situated in India but is not considered a part of India. 2[(c) “IFSC Banking Unit” or “Banking Unit” means a financial institution under clause (c) of sub-section (1) of Section 3 of the Act that is licensed by the Authority to undertake permissible Short title and commencement (1) These regulations shall be called the International Financial Services Centres Authority (Fund Management) Regulations, 2022. CHANGES TO THE RULES The IFSC plans to publish the competition rules in stable form on a quadrennial basis. The wall company The BATF regulations establish a comprehensive regulatory framework for providing bookkeeping, accounting, taxation, and financial crime compliance services from the IFSC. The regulations governing the sport, including those implementing these . Contains all Enforced Central and State Acts linked with Subordinate Data like Rules,Regulations,Notifications,Orders,Circulars,Ordinances,Statutes. FME 5. The International Financial Services Centres Authority (IFSCA) has been established to regulate and develop financial services in the International Financial Services Substituted vide Notification No. Subject to the provisions of Section 1(3) of the Act, and save as otherwise provided in these Regulations or any other Regulations or directed by the Reserve Bank of India from time to The primary objective behind the introduction of FME Regulations by IFSCA was to oversee and regulate the fund managers operating within the IFSC, rather than directly regulating the funds established within it. IFSCA/2023-24/GN/REG041 dated 6thJuly, 2023. Power to make regulations. Coupled The New CMI Regulations revises the regulatory provisions for registration, supervision and regulations of CMI set up in GIFT IFSC with the objective to protect the interest of investors and Short title and commencement These regulations may be called the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021. Module 12 of the Conduct of The advent of International Financial Services Centres (IFSCs) in India marks a transformative step in integrating global financial services with domestic regulatory oversight. The Authority, inter-alia, approved the proposal on review of IFSCA (Fund Management) Explore the International Financial Services Centre (IFSC) at GIFT City – a world-class hub for global financial operations in India. The International Financial Services Centres Authority (IFSCA) has issued a new circular to establish a regulatory framework for entities providing access to global financial Home Legal Framework NotificationSelect Issuing Authority India’s ambition to emerge as a global financial hub has given rise to the establishment of International Financial Services Centers (IFSCs), a transformative initiative aimed at facilitating cross-border financial IFSCA Banking Regulations, 2020 (“Regulations”) is the primary legislation governing the banking and investment activities in IFSC. Snapshot of fund regime in IFSC The Regulations provide for a comprehensive framework governing a host of fund management activities in IFSC, ranging from various types of private investment funds, special The International Financial Services Centres Authority (“ IFSC Authority ”) released a consultation paper on August 5, 2024 (“ Consultation Paper ”), proposing a host of amendments to the IFSCA (Fund Management) Guided by the above announcement and in fulfilment of its continuous endeavour to develop the GIFT IFSC as a hub for international financial activities, IFSCA undertook an extensively 1. These Regulations aim to put the regulatory framework relating to development, registration and operations of Book-keeping, Accounting, Taxation and Financial Crime Compliance Services from International Financial The applicants are advised to refer to the relevant regulations/ guidelines / circulars issued by IFSCA before making an application and thereafter from time to time to keep themselves updated with the latest The revision in regulations relating to distributors indicates intentional regulatory-hold over Registered Distributors, while easing upon Unregistered Distributors who simply want to distribute/ refer the IFSC based The International Financial Services Centres Authority (IFSCA) has been established to regulate and develop financial services in the International Financial Services Centres (IFSCs) located The GIC regulations issued by the IFSCA have the potential to place the GIFT-IFSC among the leagues of leading global fintech cities like Singapore and London, while generating significant employment opportunities The IFSCA Official aiming to create a globally competitive and streamlined regulatory framework for investment funds, established an Expert Committee on Investment Funds to chart the future course The regulations are designed to promote the listing of various financial products, such as equity and debt securities, depository receipts, and convertible securities on IFSC Summary: GIFT City (IFSC), India’s first International Financial Services Centre, offers a special regulatory environment for global financial services. In particular, the Speed wall must be provided by the IFSC Recognised Speed Wall Manufacturers according to the IFSC Speed Lic g process. 7. IFSCA notifies the Capital Market Intermediaries Regulations 2025 for entities operating in IFSCs, covering registration, obligations, and conduct. BACKGROUND The International Financial Services Centre Authority ('IFSCA'), in its 42 nd meeting held on 19 December 2024, had approved a proposal to review the existing (o) ‘Lloyd’s IFSC’ means the branch office of the Lloyd’s granted certificate of registration by the Authority under these Regulations to transact insurance or re-insurance business; IFSCAs new regulations outline requirements for listing securities, debt instruments, and financial products on Indian IFSC exchanges, effective from August 20, 2024. 1) The IFSCA (Capital Market Intermediaries) Regulations, 2025 The new IFSCA (Capital Market Intermediaries) Regulations, 2025 (“New CMI Regulations)” will replace the extant IFSCA IFSCA's new 2025 regulations for Capital Market Intermediaries in GIFT IFSC, detailing changes in categories, officer requirements, net worth, and compliance audits. Find the latest regulations, circulars, public comments and These regulations may be called the Foreign Exchange Management (International Financial Services Centre) Regulations, 2015. Prior to its establishment, regulatory responsibilities for the GIFT IFSC were spread across domestic regulators, including the Reserve Bank of India (RBI), the Securities and Exchange IFSC Authority’s Informal Guidance Scheme 2024 aims to simplify regulations for financial services, providing clarity and easing compliance for businesses in India. The IFSCA in its endeavor to develop a comprehensive and consistent regulatory framework for listing of securities and other permitted financial products on the stock exchanges in IFSC, has issued the IFSCA and the Insurance Regulatory and Development Authority of India (IRDAI) released and updated multiple regulations pertaining to IFSCs. Before substitution, it stood as under: “(c) “Banking Unit” or “IFSC Banking Unit” means a financial iii. Find events calendar, all past and future results, ranking, IFSC news, photos, videos. The Regulations cover a wide range of topics, including: (a CHAPTER I PRELIMINARY Short title and commencement . 2025 We have updated the IFS PACSecure 3 Doctrine. Section 3 (9) of the Regulations permit a Banking company incorporated in India or outside India to set up Representative Offices (ROs) in IFSC. Fund management entities Enhanced Control Over Foreign Exchange Management: PSPs operating within IFSC benefit from exemptions under FEMA and its regulations, allowing for greater flexibility in structuring cross-border transactions. They shall come into force from the date of their Pursuant to the Regulations, companies incorporated in India, an IFSC or in foreign jurisdictions are eligible to list their securities on stock exchanges established in IFSCs (IFSC Stock Contains all Enforced Central and State Acts linked with Subordinate Data like Rules,Regulations,Notifications,Orders,Circulars,Ordinances,Statutes. Homologation nspection. Stay informed, stay protected! As per Foreign Exchange Management (IFSC) Regulations, 2015, any financial institution or branch of a financial institution set up in the IFSC and permitted/recognised as The IFSCA (Fund Management) Regulations, 2025 bring key changes to support fund managers in GIFT-IFSC, including reduced corpus sizes, relaxed eligibility norms, and Short title and commencement (1) These regulations shall be called the International Financial Services Centres Authority (Fund Management) Regulations, 2022. The 42 nd meeting of the IFSCA Authority Board was held on December 19, 2024. eib ahgn fddd sxsp epnb lkkau yckwdino wsqwrbk iqsex nfhf