International Financial Services Centres Authority (Capital Market Intermediaries) (Second Amendment) Regulations, 2026
The Gazette of India
CG-GJ-E-05092026-275998
EXTRAORDINARY
PART III—Section 4
PUBLISHED BY AUTHORITY
No. 536] NEW DELHI, TUESDAY, SEPTEMBER 1, 2026/BHADRA 10, 1948
INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY
NOTIFICATION
Gandhinagar, the 25th August, 2026
International Financial Services Centres Authority (Capital Market Intermediaries) (Second
Amendment) Regulations, 2026
IFSCA/GN/2026/ 013.—In exercise of the powers conferred by sub-section (1) of Section 28 read with
sub-section (1) of Section 12 and sub-section (1) of Section 13 of the International Financial Services
Centres Authority Act, 2019 (50 of 2019); Section 30 read with Section 28C of the Securities and Exchange
Board of India Act, 1992 (15 of 1992); the International Financial Services Centres Authority hereby makes
the following regulations, further to amend the International Financial Services Centres Authority (Capital
Market Intermediaries) Regulations, 2025 (hereinafter referred to as the ‘principal regulations’), namely:-
1. These regulations may be called the International Financial Services Centres Authority (Capital Market
Intermediaries) (Second Amendment) Regulations, 2026.
2. These regulations shall come into force on the date of their publication in the Official Gazette.
3. In the principal regulations, in the first proviso of sub-regulation (5) of regulation 28, after the words “a
rating in” and before the word “the”, the following shall be inserted, namely:-
“certain situations as per its approved policy, including but not limited to”
PRADEEP RAMAKRISHNAN, Executive Director
[ADVT.-III/4/Exty./296/2026-27]
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