International Financial Services Centres Authority

(A statutory authority established by Government of India)

Circular

List of Circular


Date Title View Download
20211231 31/12/2021 Non-applicability or withdrawal of some circulars / directions previously issued / adopted by the Authority
20170831 31/08/2017 Issuance, listing and trading of debt securities on exchanges in International Financial Services Centres (IFSC)
20170831 31/08/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
20230531 31/05/2023 Reporting Norms for Fund Management Entities under IFSCA (Fund Management) Regulations, 2022
20230331 31/03/2023 Sensitising Authorised Dealer (AD) branches of Indian banks about facilities in IFSC
20220331 31/03/2022 Guidelines for Liquidity Enhancement Scheme on Stock Exchanges
20201230 30/12/2020 Transfer of assets through loan participation agreement
20211130 30/11/2021 Clarification regarding disclosure of dealing in securities by Directors and Key Management Personnel of the all recognized MIIs in GIFT-IFSC
20230830 30/08/2023 IFSCA Banking Handbook - Opening of SNRR account with AD Bank in India
20210730 30/07/2021 Accounting Standard to be followed by IBUs for the purpose of IFSCA regulatory reporting and compliance
20220429 29/04/2022 Market Access through Authorized Person
20231128 28/11/2023 Procedure for implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005" and Section 51A of Unlawful Activities (Prevention) Act, 1967
20231128 28/11/2023 Allocation of Indian Financial System Code (IFSC code) to IBUs
20191128 28/11/2019 Framework for issue of Depository Receipts
20161128 28/11/2016 Guidelines for functioning of Stock Exchanges and Clearing Corporations in International Financial Services Centres (IFSC)
20201028 28/10/2020 Depository Receipts in the International Financial Services Centre
20220628 28/06/2022 Committees at Market Infrastructure Institutions (MIIs) in IFSC
20220628 28/06/2022 Refund of security deposit to Broker Dealers on surrender of membership
20200228 28/02/2020 Operating Guidelines for Investment Advisers in International Financial Services Centre (IFSC) – Clarifications
20160128 28/01/2016 Issues Pertaining to Opening of Offices in IFSC, GIFT City, Gujarat
20210727 27/07/2021 Fee structure for Depository Participants (DP) in the GIFT-IFSC
20170727 27/07/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments
20220427 27/04/2022 Framework for FinTech Entity in the International Financial Services Centres (IFSCs)
20170427 27/04/2017 Securities Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - IFSC Banking Units (IBUs) acting as Trading Member or Professional Clearing Member on stock exchanges/clearing corporations in IFSC
20200327 27/03/2020 Risk Management and Inter-bank Dealings- Participation of Banks in Offshore Non-deliverable Rupee Derivative Markets
20200227 27/02/2020 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015- Amendments
20230127 27/01/2023 Bullion Trading Members and Clearing Members in IFSC
20231226 26/12/2023 Time Limit for Disposal of Applications
20181126 26/11/2018 Operating Guidelines for Alternative Investment Funds in International Financial Services Centres
20231026 26/10/2023 Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022
20170926 26/09/2017 Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives in IFSC
20210826 26/08/2021 Operating Guidelines on Bullion Exchange, Bullion Clearing Corporation, Bullion Depository & Vault Manager
20230526 26/05/2023 Guidance to the IFSCA (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022.
20230426 26/04/2023 Amendment to the IFSCA circular titled 'Framework for Aircraft Lease' - Enabling lease of Aviation training simulation devices
20220426 26/04/2022 Guidance framework on Sustainable and Sustainability linked lending by financial institutions
20220426 26/04/2022 SWIFT Operations in IBU
20210426 26/04/2021 Offering of Portfolio Management Service and Investment Advisory Service by BUs - Guidelines
20210426 26/04/2021 Computation of Regulatory Capital
20210426 26/04/2021 Fee structure for Finance Company/Unit
20190426 26/04/2019 Net worth Requirements for Clearing Corporations in International Financial Services Centre (IFSC)
20211125 25/11/2021 Global Access to Broker Dealers
20231025 25/10/2023 Procedure for implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005
20220825 25/08/2022 Issuance of Debit Cards by IFSC Banking Units (IBUs)
20210825 25/08/2021 Participation in financial products linked to Indian Rupee (INR)
20210625 25/06/2021 Alternative Investment Funds (AIFs) in International Financial Services Centres (IFSC)
20210625 25/06/2021 Fee structure for Merchant Bankers in IFSC
20210625 25/06/2021 Global Regional Corporate Treasury Centre
20220525 25/05/2022 Guidelines on import of gold by Qualified Jewellers as notified by – The International Financial Services Centers Authority (IFSCA)
20210525 25/05/2021 Framework on computation of Exposure Ceiling for Finance Companies (FC) / Finance Units (FU)
20220225 25/02/2022 Fee structure for Debenture Trustees in the IFSC
20240125 25/01/2024 Accredited Investors in IFSC
20201224 24/12/2020 Instructions and Clarifications on Circulars issued under the IFSC (Banking) Regulations, 2020 (last updated on February 11, 2021)
20210624 24/06/2021 Guidelines on Liquidity Risk Management for a Finance Company/Finance Unit
20210524 24/05/2021 Fee Structure for IFSC Insurance Intermediary Offices
20210524 24/05/2021 Fee Structure for IFSC Insurance Offices
20180524 24/05/2018 Segregated Nominee Account Structure in International Financial Service Centre (IFSC)
20210224 24/02/2021 Framework for Recognition of a Custodian of Assets/Securities
20211223 23/12/2021 Regulatory fee structure for recognised stock exchanges in the IFSC
20210823 23/08/2021 Invitation for applications to set up International Trade Financing Services Platform (‘ITFS’) at International Financial Services Centre(‘IFSC’), GIFT SEZ, GIFT City, Gujarat
20230623 23/06/2023 Co-location facility offered by the Stock Exchanges
20230623 23/06/2023 Framework for Ship Leasing, updated as on June 23, 2023
20170523 23/05/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Permissible investments by Portfolio Managers, Alternate Investment Funds and Mutual Funds operating in IFSC
20230223 23/02/2023 Application form for setting up of International Branch Campus or Offshore Education Centre in IFSC
20231122 22/11/2023 Procedure for implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005" and Section 51A of Unlawful Activities (Prevention) Act, 1967
20210622 22/06/2021 Introduction of Negotiated Large Trade (NLT) facility on Stock Exchanges
20210622 22/06/2021 Status of transactions executed at Disaster Recovery (DR) Site of the MIIs
20230522 22/05/2023 Clarification on 'Guidelines on Factoring and Forfaiting of Receivables'
20230322 22/03/2023 Amendment to the Circular titled 'Framework for Ship Leasing'
20240222 22/02/2024 Bullion Trading Members and Clearing Members in GIFT- IFSC
20240122 22/01/2024 Avoiding rerouting of transactions to IBUs that have been wrongly credited in the parent AD bank's Nostro account – Reporting in R-Return
20221221 21/12/2022 Distribution of Capital Market Products and Services under IFSCA (Capital Market Intermediaries) Regulations, 2021
20201021 21/10/2020 Real Estate Investment Trusts in International Financial Services Centres
20201021 21/10/2020 Infrastructure Investment Trusts in International Financial Services Centres
20210921 21/09/2021 Application Forms for Recognition and Renewal of Market Infrastructure Institutions (MIIs)
20170921 21/09/2017 Clarification to SEBI (IFSC) Guidelines, 2015 - Liquidity Enhancement Scheme (LES)
20200821 21/08/2020 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments_155
20200821 21/08/2020 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments_154
20230621 21/06/2023 Direct Market Access (DMA) facility
20210521 21/05/2021 Guidelines for issuance of Certificate of Deposits- withdrawal
20180521 21/05/2018 Investment of own funds (excluding funds lying in Core Settlement Guarantee Fund) by Clearing Corporations in International Financial Services Centre (IFSC)
20221220 20/12/2022 Monthly Development Report (MDR) for the Bullion Exchange in IFSC
20210720 20/07/2021 Guidelines for issuance of Certificate of Deposits
20230420 20/04/2023 Clarification on 'Guidance framework for sustainable and sustainability linked lending by financial institutions'
20180220 20/02/2018 Acceptance of Bank Guarantees by Clearing Corporations in International Financial Services Centre
20200120 20/01/2020 Introduction of Rupee derivatives at International Financial Services Centres (IFSC)
20201019 19/10/2020 Framework for Regulatory Sandbox
20220919 19/09/2022 Reporting of Foreign Exchange Transactions by IBUs for India’s External Account Statistics
20220519 19/05/2022 Fee structure under the IFSCA (Fund Management) Regulations, 2022
20210219 19/02/2021 Net worth criteria for persons resident in India to open account with Banking Unit (BU) for the purpose of investing in securities – Clarification
20210219 19/02/2021 Framework for Aircraft Operating Lease
20220119 19/01/2022 Qualified Jewellers importing gold through India International Bullion Exchange
20201118 18/11/2020 Global In-House Centres (GIC) in International Financial Services Centre (IFSC)
20220818 18/08/2022 ‘Qualified Suppliers’ for supply of bullion on India International Bullion Exchange (IIBX)
20220518 18/05/2022 Framework for Aircraft Lease
20230418 18/04/2023 Utilisation of office space or manpower or both by entities undertaking aircraft leasing activity in the IFSC
20190318 18/03/2019 Clarification on participation of Eligible Foreign Investors (EFIs) in Commodity Derivatives in IFSC
20230118 18/01/2023 Disclosures by Fund Management Entities for Environmental, Social or Governance (ESG) Schemes
20210118 18/01/2021 Maintenance of Solvency Margin for IFSC Insurance Offices (IIOs)
20171017 17/10/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
20210917 17/09/2021 Bullion Trading Member and Clearing Members in GIFT-IFSC
20210817 17/08/2021 Guidelines on Factoring and Forfaiting of Receivables
20220617 17/06/2022 Clarification on investment in Bullion Depository Receipts (BDR) on India International Bullion Exchange (IFSC) Limited (IIBX) through the Liberalised Remittance Scheme (LRS) route
20210517 17/05/2021 IFSC (Banking) Regulation, 2020- Directions for implementation – Criteria for BUs to become trading/clearing members of IFSCA recognized stock exchanges- clarification
20170517 17/05/2017 Position limits for cross-currency futures and options contracts (not involving Indian Rupee) on exchanges in International Financial Services Centres (IFSC)
20160317 17/03/2016 Securities Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Inclusion of Commodity Derivatives
20211216 16/12/2021 Regarding settlement of trades executed on stock exchanges in IFSC
20221116 16/11/2022 Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) for Market Infrastructure Institutions (MIIs)
20200916 16/09/2020 Listing and trading of units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) on recognized stock exchanges in International Financial Services Centres (IFSC)
20220816 16/08/2022 Framework for Ship Leasing - Finance Company/Unit
20240216 16/02/2024 Maintenance of net worth by Fund Management Entity
20210216 16/02/2021 Definition of Constituent
20231115 15/11/2023 Framework for Aircraft Lease, updated as on November 15, 2023.
20230915 15/09/2023 Authorisation of Scheme file under IFSCA (Fund Management) Regulations 2022
20210915 15/09/2021 Fee structure for issuance and listing of securities on the recognised stock exchanges in the IFSC
20210915 15/09/2021 Clearing Membership for non-bank Custodians
20210415 15/04/2021 Fee structure for Investment Advisers and Portfolio Managers in IFSC
20231214 14/12/2023 Permitting International Branch Campuses (IBCs) and Offshore Educational Centres (OECs) at GIFT-IFSC to avail infrastructure services from Academic Infrastructure Service Providers (AISPs).
20221214 14/12/2022 Format of MDR and MAR for Stock Exchanges
20171114 14/11/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendments
20201014 14/10/2020 Market Access through Authorized Persons
20231213 13/12/2023 Import of UAEGD Gold through IIBX by valid India-UAE TRQ holders
20231013 13/10/2023 Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 for specifying additional AML/CFT/KYC measures and clarifications
20210913 13/09/2021 Circular for the Code of Conduct and Code of Ethics for the Directors and Key Managerial Personnel of the MIIs GIFT-IFSC
20210813 13/08/2021 Circular- Issue of the IFSCA Banking Handbook
20210813 13/08/2021 The IFSCA Banking Handbook- Prudential Directions
20210813 13/08/2021 The IFSCA Banking Handbook- Conduct of Business Directions
20210813 13/08/2021 The IFSCA Banking Handbook- General Directions
20220713 13/07/2022 IFSCA Banking Handbook Conduct of Business Directions- v 4.0 (COB)
20220713 13/07/2022 Additions to Conduct of Business (COB) directions of IFSCA Banking Handbook
20210413 13/04/2021 Fee structure for Market Infrastructure Institutions (MIIs) and participants
20170413 13/04/2017 Inclusion of “Derivatives on Equity shares”-IFSC
20211112 12/11/2021 The IFSCA Banking Handbook COB Direction- Version 2
20211112 12/11/2021 The IFSCA Banking Handbook GEN Directions- Version 2
20211112 12/11/2021 The IFSCA Banking Handbook PRU Direction-Version 2
20211112 12/11/2021 Amendments and additions to IFSCA Banking Handbook and other issues
20221012 12/10/2022 Standard Operating Procedure for Inter-operable Regulatory Sandbox (IoRS)
20221012 12/10/2022 Application form for Inter-operable Regulatory Sandbox (IoRS)
20220912 12/09/2022 Guidelines for implementation of the IFSCA (FinTech Incentive) Scheme, 2022
20231211 11/12/2023 ‘Qualified Suppliers’ for supply of bullion on India International Bullion Exchange
20231211 11/12/2023 Import of gold and silver by Qualified Jewellers through India International Bullion Exchange
20201211 11/12/2020 Guideline on manner of determining net worth for individuals under IFSCA Banking Regulations
20201211 11/12/2020 IFSC (Banking) Regulations, 2020 – Prudential Regulatory Requirements (last updated on February 19, 2021)
20201211 11/12/2020 Membership of stock exchanges and clearing corporations in IFSC by foreign entities
20211111 11/11/2021 Minimum Holding Period on Sale /Transfer of loan assets
20170711 11/07/2017 Guidelines for participation/functioning of Eligible ForeignInvestors (EFIs) and FPIs in IFSC - Amendment
20210511 11/05/2021 Fee Structure for IFSC Banking Units
20220311 11/03/2022 Negotiated Large Trade facility on Stock Exchanges
20210211 11/02/2021 Transactions with residents of Nepal and Bhutan- Clarification
20230111 11/01/2023 Tariff Rate Quota (TRQ) holders under the India-UAE CEPA to be deemed as Qualified Jewellers for import of UAEGD Gold through IIBX
20191010 10/10/2019 Framework for issue of Depository Receipts
20170810 10/08/2017 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015-Liquidity Enhancement Scheme.
20230710 10/07/2023 Amendments and additions to the IFSCA Banking Handbook
20230710 10/07/2023 The IFSCA Banking Handbook COB Direction- Version 5.0
20230710 10/07/2023 The IFSCA Banking Handbook GEN Direction- Version 4.0
20230710 10/07/2023 The IFSCA Banking Handbook PRU Direction- Version 4.0
20210610 10/06/2021 Clarificatory Circular on Framework for enabling Ancillary Services
20210210 10/02/2021 Framework for enabling Ancillary Services at International Financial Services Centres
20201209 09/12/2020 Alternative Investment Funds in IFSC
20220909 09/09/2022 Amendment to guidelines for Liquidity Enhancement Scheme
20200909 09/09/2020 Operating Guidelines for Portfolio Managers in International Financial Services Centre
20210809 09/08/2021 Guidelines on Corporate Governance and Disclosure Requirements for a Finance Company
20210809 09/08/2021 International Financial Services Centres Authority (Finance Company) Regulations, 2021- Clarification
20190809 09/08/2019 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015-Permissible investments by Alternative Investment Funds operating in IFSC
20210709 09/07/2021 Framework for setting up of International Trade Financing Services Platform (‘ITFS’) for providing Trade Finance Services at International Financial Services Centres (‘IFSCs’)
20200709 09/07/2020 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendments
20230509 09/05/2023 Status of operations at Disaster Recovery (DR) Site of the Broker Dealers and Clearing Members registered with IFSCA
20240209 09/02/2024 Monitoring of investments from countries sharing land border with India.
20200109 09/01/2020 Operating Guidelines for Investment Advisers in International Financial Services Centre
20210908 08/09/2021 Account Details for fee to be remitted to IFSCA
20240208 08/02/2024 Reporting Norms for Capital Market Intermediaries
20240108 08/01/2024 Improving processing timelines of cross border payments - Advisory
20201007 07/10/2020 Liquidity Enhancement Scheme
20230807 07/08/2023 Bullion Trading Members and Clearing Members in IFSC
20200807 07/08/2020 Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - Amendment
20220606 06/06/2022 The IFSCA Banking Handbook Prudential Directions- V 3.0 (PRU)
20220606 06/06/2022 The IFSCA Banking Handbook General Directions- V 3.0 (GEN)
20220606 06/06/2022 The IFSCA Banking Handbook Conduct of Business Directions- V 3.0 (COB)
20220606 06/06/2022 Amendments and additions to IFSCA Banking Handbook
20210506 06/05/2021 Corrigendum - Computation of Regulatory Capital
20230406 06/04/2023 Framework for enabling Ancillary services at International Financial Services Centres
20240206 06/02/2024 Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC As amended up to February 6, 2024
20240206 06/02/2024 Format and manner of seeking authorisation as Payment Service Provider
20230206 06/02/2023 Scheme Application Form for Scheme or Fund for registered FMEs
20220106 06/01/2022 RBI Master Directions enabling qualified jewellers to Import Gold through India International Bullion Exchange IFSC Ltd
20211005 05/10/2021 OTC derivatives at IFSC – Amendment- OTC derivatives on Indian Government Bonds (IGBs) and State Development Loans (SDLs)
20230905 05/09/2023 Procedure for implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967- modification-regarding
20220805 05/08/2022 Standard Operating Procedure for Qualified Jewellers importing gold through India International Bullion Exchange
20240105 05/01/2024 Inclusion of ‘Finance Company’ and ‘Finance Unit’ as ‘Credit Institution’ under clause (f) of section 2 of the Credit Information Companies (Regulation) Act, 2005
20231204 04/12/2023 FRAMEWORK FOR GRANT OF FUNDS FOR RESEARCH STUDIES BY IFSCA
20201204 04/12/2020 Directons on business in foreign currency at IFSCs
20201204 04/12/2020 IFSCA (Deposits) Directions,2020 (last updated on February 19, 2021)
20201204 04/12/2020 OTC Derivatives at IFSCs (last updated on December 24, 2020)
20201204 04/12/2020 IFSC (Banking) Regulation, 2020 – Directions for implementation (last updated on December 24, 2020)
20160704 04/07/2016 Applicability of 197A(1D) and Section 10(15) of Income Tax Act, 1961 to interest paid by IFSC Banking Unit (IBU)
20220404 04/04/2022 SWIFT Code amendment: USD Current Account of IFSCA
20220104 04/01/2022 SWIFT Operations in IBU
20170104 04/01/2017 Guidelines for participation/functioning of Eligible Foreign Investors (EFIs) and FPIs in International Financial Services Centre (IFSC)
20211203 03/12/2021 Investment banking in the IFSC
20231103 03/11/2023 Amendment to Circular on Reporting Norms for Fund Management Entities under IFSCA (Fund Management) Regulations, 2022
20221103 03/11/2022 Notification of the IFSCA (Anti Money Laundering, Counter Terrorist-Financing and Know Your Customer) Guidelines, 2022
20190703 03/07/2019 Taxability of Income earned by a Non-Resident investor from off-shore investments though AIFs
20210503 03/05/2021 Information on various guidelines/circulars/directions applicable for undertaking non-core activities by FC/FU
20210503 03/05/2021 Guidelines on distribution of Mutual Funds and Insurance Products by Finance Company/Finance Unit
20210503 03/05/2021 Prudential Regulations and activity specific guidelines
20230303 03/03/2023 Guidelines for execution of block deals on bullion exchange
20210303 03/03/2021 Enabling Dealings by IFSC – Banking Units in Bullion Unallocated Accounts
20210203 03/02/2021 Reporting of structured deposits
20200203 03/02/2020 Currency Future and Options Contracts (involving Indian Rupee) on Exchanges in International Financial Services Centres (IFSC)
20231102 02/11/2023 Amendments to conditions for opening a GAO or RO
20210602 02/06/2021 Application form for Alternative Investment Funds
20210202 02/02/2021 Reporting of data on OTC derivatives undertaken by the BUs
20210202 02/02/2021 IFSC (Banking) Regulations, 2020 – Directions for implementation – Use of Electronic Trading Platforms (ETP) and Brokers
20230901 01/09/2023 Additional AML measures under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022
20220701 01/07/2022 Angel Funds under IFSCA (Fund Management) Regulations, 2022
20230301 01/03/2023 Circular prescribing net worth for bullion exchange and bullion clearing corporation
20230301 01/03/2023 Clarifications in relation to Fund Management Entities and Schemes set up in IFSCs by Sovereign Wealth Funds
20230301 01/03/2023 Clarifications in relation to Family Investment Funds
20220201 01/02/2022 SEZ Division Circular on permitting trading of Precious Metals in India International Bullion Exchange IFSC Limited