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Corporate Laws Central Ministry of Finance International Financial Services Centres Authority Act, 2019

IFSCA issues International Financial Services Centres Authority (Capital Market Intermediaries) (Amendment) Regulations, 2026

12-Jan-2026 | IFSCA/GN/2026/005

IFSCA has issued the Amendment Regulation amending the provisions of International Financial Services Centres Authority (Capital Market Intermediaries) (Amendment) Regulations, 2026, which shall be effective from 13th January, 2026.

By virtue of the amendment regulation,
1. A proviso has been inserted to Regulation 4(1), specifying that IFSCA has allowed a unit registered as a capital market intermediary that is desirous of undertaking multiple activities to register through a unified registration for such multiple activities.
2. The Experience requirement for Principal Officer and Compliance Officer, having a graduation degree in any field from a recognised institution or university, has been reduced from 10 years to 5 years.
3. A proviso has been inserted to Regulation 9(8), which provides that an entity undertaking multiple activities is required to have a separate official as a vertical head for its distribution business activities.
4. The IFSCA circular dated February 24, 2021, titled 'Recognition as Custodian of assets/securities', shall stand superseded.

Kindly refer to the attached document for more information.

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