GIFT IFSC

IFSCA Prescribes Reporting Norms for TechFin & Ancillary Services, GICs and BATF Service Provider

14 November 2026 · 3 min read · By ADI Insights

OVERVIEW

The International Financial Services Centres Authority (IFSCA), vide its circular dated November 4, 2026, has prescribed reporting norms for TechFin and Ancillary Service Providers, Global In-House Centres (GICs), and Book-keeping, Accounting, Taxation and Financial Crime Compliance (BATF) Service Providers operating in IFSCs.
The new framework introduces eight reporting, certification and disclosure requirements, covering monthly, quarterly, half-yearly and annual compliance obligations.
Until now, these entities were governed by their respective regulations, but there was no single consolidated circular prescribing all eight reports and their fixed due dates together. This circular closes that gap. It does not create a new registration or a new fee it tells already-registered entities what to file, when, and where to send it.
The Circular aims to strengthen regulatory supervision, ensure periodic compliance monitoring and establish a structured reporting mechanism for regulated entities operating in IFSC.

The reporting requirements apply to:

TechFin and Ancillary Service Providers registered in IFSC.
Global In-House Centres operating in IFSC.
Book-keeping, Accounting, Taxation and Financial Crime Compliance Service Providers operating in IFSC.

quarterly certificate confirming compliance with applicable regulatory requirements must be submitted.
Deadline: By the 15th day of the first month of the succeeding quarter.

Entities to which the IFSCA (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 apply must submit half-yearly reports.
Deadline: By the 15th day of the first month of the succeeding half of the financial year.

Entities covered by the applicable AML/CFT/KYC Guidelines, 2022 must also submit annual reports under those Guidelines.
Deadline: By 31 May of the succeeding year.

Regulated entities are required to submit audited annual financial statements for the preceding financial year.
Deadline: By 30 September of the ongoing financial year.

Any material changes in the information furnished at the time of registration, including changes in the Principal Officer, Compliance Officer or other material particulars of the regulated entity, must be reported to IFSCA.
Deadline: Within 30 days from the effective date of such changes.

Regulated entities must submit a Certificate of Compliance issued by an independent third-party practising professional, namely a Chartered Accountant (CA), Company Secretary (CS) or Cost and Management Accountant (CMA).
Deadline: By 31 May of the succeeding year.

All reports, certificates and disclosures must be submitted electronically to fsssd-dot@ifsca.gov.in.
Regulated entities must access the latest reporting formats from the Downloads section of the official IFSCA website at the end of each half-year period.
IFSCA may supplement or update the reporting formats as required.

The introduction of periodic reporting, independent compliance certification and material-change disclosures is expected to strengthen regulatory transparency and supervision.
Regulated entities will need to maintain appropriate internal reporting systems, compliance records and monitoring mechanisms to ensure timely submission of prescribed reports.
The new reporting framework reinforces IFSCA's focus on regulatory accountability and compliance standards within GIFT City IFSC.

For guidance on your specific situation, speak to our team.