Regulatory & Compliance Framework for Setting Up a Broker-Dealer in GIFT IFSC Establishing a Broker-Dealer entity in GIFT City (GIFT IFSC) requires navigating a multi-layer compliance structure involving IFSCA, India INX, NSE IFSC, and the SEZ/IFSC Unit regulations. The framework is robust, globally aligned, and designed to facilitate cross-border capital…

Internal Audit for Broker Dealers in GIFT IFSC: An Explainer for NSE IX & India INX Members Introduction: Why Internal Audit Matters in GIFT IFSC GIFT IFSC has rapidly evolved into a globally competitive financial centre with internationally active exchanges—NSE International Exchange (NSE IX) and India International Exchange (India INX)—offering…

Net Worth Requirements under IFSCA (CMI) Regulations, 2025 The Capital Market Intermediaries (CMI) Regulations, 2025, introduced by the International Financial Services Centres Authority (IFSCA), provide a robust framework for intermediaries operating in GIFT City IFSC. A crucial pillar of this framework is the IFSCA net worth requirements 2025, which ensure…

Preparing for the Annual Compliance Audit under IFSCA CMI Regulation 2025 Understanding the Annual Compliance Audit under IFSCA The International Financial Services Centres Authority (IFSCA) introduced the Capital Market Intermediaries (CMI) Regulations, 2025 to strengthen regulatory governance of intermediaries operating in GIFT City — India’s only International Financial Services Centre…

Mastering IFSC Compliance: A Functional Guide to the New Master Circulars A New Compliance Era for IFSC Intermediaries The International Financial Services Centres Authority (IFSCA) has taken a decisive step toward regulatory clarity with the Capital Market Intermediaries (CMI) Regulations, 2025 and the subsequent release of seven Master Circulars on…

Global Access via IFSC: Structuring Cross-Border Investment Services for Brokers Unlock overseas investment opportunities through GIFT City’s evolving regulatory gateway. Here’s how brokers and intermediaries can align with IFSCA Global Access Framework 2025 for compliant cross-border investment services through GIFT IFSC. What Is Global Access in IFSC and Why It…

Gujarat Global Capability Centres – Beyond IFSC: Building a Future-Ready GCC Ecosystem Introduction: Gujarat’s Next Big Leap in the GCC Story Global Capability Centres (GCCs) are no longer back-office cost centres — they are strategic hubs of innovation and enterprise transformation. By centralising global functions, GCCs now deliver advanced services…

Global Capability Centres in GIFT City IFSC – India’s Next Big Financial Hub Introduction: GCCs as Engines of Global Growth Global Capability Centres (GCCs) have transformed from being low-cost offshore back-office units to becoming strategic hubs for innovation, digital transformation, and enterprise resilience. For multinational corporations, they now serve as…

Global Perspectives on the Third-Party Fund Management Model – Lessons for GIFT IFSC The newly approved Third-Party Fund Management Services (TFMS) framework at GIFT IFSC is designed to lower entry barriers for global and domestic managers. While India is just introducing the model, leading fund jurisdictions such as Singapore, Mauritius,…

Companies Act Compliance for IFSC Registered Entities While IFSCA regulates business activities of entities in GIFT City, corporate law compliance continues under the Companies Act, 2013. Every IFSC company incorporated under the Companies Act, 2013 must follow this law, except for specific exemptions notified by the Ministry of Corporate Affairs…