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

REGD. No. D. L.-33004/99 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 2 THE GAZETTE OF INDIA: EXTRAORDINARY [PART III—SEC.4] 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] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.