Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-GJ-E-09012026-269246
EXTRAORDINARY
PART III—Section 4
PUBLISHED BY AUTHORITY
No. 23]
NEW DELHI, THURSDAY, JANUARY 8, 2026/PAUSHA 18, 1947
INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY
NOTIFICATION
Gandhinagar, the 5th January, 2026
International Financial Services Centres Authority (Registration of Insurance
Business) (Amendment) Regulations, 2026
F. No. IFSCA/GN/2026/003.- In exercise of the powers conferred by sub-section (1) of Section 28 read
with Section 12 and 13 of the International Financial Services Centres Authority Act, 2019, the International Financial
Services Centres Authority hereby makes the following regulations, further to amend the International Financial
Services Centres Authority (Registration of Insurance Business) Regulations, 2021 (hereinafter referred to as the
'principal regulations'), namely :-
1. Short title and commencement: -
(1) These Regulations may be called the International Financial Services Centres Authority (Registration of
Insurance Business) (Amendment) Regulations, 2026.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. Sub-clause (i) of clause (1) of the Second Schedule of the principal regulations shall be substituted as under, namely:-
'Service Companies of Lloyd's IFSC' means Service Companies registered in India and promoted by:
(a) Managing Agents of Lloyd's;
(b) Such group entities of Managing Agents or Members of Lloyd's, as may be permitted by Lloyd's; or
(c) Indian Companies which meet the criteria specified under these regulations.”
PRAVEEN TRIVEDI, Executive Director
[ADVT.-III/4/Exty./599/2025-26]
Note: The International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021
were published in the Gazette of India Extraordinary vide notification No. IFSCA/2021-22/GN/REG016 on
20th October, 2021. Further, amendments to these regulations were published in the Gazette of India Extraordinary
vide notifications No. IFSCA/2021-22/GN/REG019 on 05th January 2022 and No. IFSCA/GN/2024/010 on
17th October 2024.
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.