June 11, 2026

IFSCA Positions GIFT City as Emerging Global Treasury Hub at Corporate Treasury Conference 2026

The International Financial Services Centres Authority (IFSCA) hosted the two-day IFSCA Corporate Treasury Conference 2026 at GIFT City, bringing together more than 250 treasury professionals, bankers, fintech leaders, and corporate executives from India and overseas to discuss the future of global treasury operations. Addressing the conference, IFSCA Chairperson K. Rajaraman highlighted GIFT IFSC’s transformation from an initiative aimed at “onshoring […]

Gift City
May 9, 2026

GIFT CITY Update May 2026

20th April 2026: IFSCA Registers First Foreign Family Investment Fund, Boosting GIFT IFSC’s Global Wealth Hub Ambitions The International Financial Services Centres Authority (IFSCA) has taken a significant step in strengthening India’s position as a global financial hub by granting registration to the first foreign Family Office under its newly notified IFSCA (Fund Management) Regulations, 2025. This marks the debut […]

Gift City
April 10, 2026

GIFT CITY Newsletter Update April 2026

FATF Flags High-Risk Jurisdictions, Expands Monitoring List in February 2026 Update The Financial Action Task Force (FATF) has reaffirmed its vigilance over global financial systems, releasing its latest update on high-risk and monitored jurisdictions following its plenary held on February 13, 2026. In its public statement titled “High-Risk Jurisdictions subject to a Call for Action,” the FATF urged member countries […]

Gift City
March 18, 2026

GIFT CITY Update March 2026

09 Feb 2026:  IFSC Units Granted Access to Online PAN Verification via Protean Portal The International Financial Services Centres Authority (IFSCA) has enabled IFSC-registered entities to access online PAN verification services through the Protean portal to facilitate client onboarding and regulatory compliance. As part of the onboarding process, all IFSC Units are required to verify the Permanent Account Number (PAN) […]

Gift City
February 11, 2026

GIFT CITY Update February 2026

05 Jan 2026: SCA Updates AML, CFT and KYC Guidelines: Consolidated Version Issued (January 2026) The International Financial Services Centres Authority (IFSCA) has issued a circular dated January 02, 2026, introducing modifications to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022. These changes have been notified following representations received from various […]

Gift City
February 5, 2026

GIFT City RNM Newsletter Update January 2026

05 DEC 2025: IFSCA, Taiwan’s FSC Sign MoU to Deepen Financial Regulatory Cooperation The International Financial Services Centres Authority (IFSCA) and Taiwan’s Financial Supervisory Commission Taiwan (FSC) have entered into a Memorandum of Understanding (MoU) to strengthen regulatory cooperation in areas of mutual interest. The MoU was virtually exchanged and operationalized on December 3, 2025, on the sidelines of the […]

Gift City
December 23, 2025

GIFT CITY Update December 2025

03 Nov 2025: FATF High-Risk & Monitored Jurisdictions The Financial Action Task Force (FATF) Plenary released updated lists of jurisdictions with strategic AML/CFT deficiencies: High-Risk Jurisdictions – Subject to Call for Action FATF urges all countries to apply countermeasures, targeted financial sanctions, and enhanced due diligence for: Democratic People’s Republic of Korea (DPRK) Iran Myanmar Jurisdictions Under Increased Monitoring (Grey […]

Gift City
November 8, 2025

GIFT CITY_RNM Newsletter Update _November 2025

1stOct 2025: Constitution and First Actions of the Payments Regulatory Board (PRB) under IFSCA Following the implementation of amendments to the Payment and Settlement Systems Act, 2007 on May 9, 2025, the Payments Regulatory Board (PRB) was established, replacing the earlier Board for Regulation and Supervision of Payment and Settlement Systems (BPSS). The PRB now serves as the statutory body […]

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