Amendment to SNRR Accounts Regulations: Enhancing IFSC Transactions The International Financial Services Centres Authority (IFSCA) has issued an important amendment to the circular dated January 29, 2025, regarding permissible transactions through Special Non-Resident Rupee (SNRR) accounts of IFSC Units. This revision aims to improve the regulatory framework, facilitate seamless transactions, and strengthen India’s position as a global financial hub. Understanding SNRR Accounts and Their Importance Special Non-Resident Rupee (SNRR) accounts are a vital part of […]

IFSCA KMP Appointment Guidelines 2025: Key Regulations for Fund Management Entities The IFSCA KMP Appointment Guidelines 2025 outline the regulatory framework for the appointment and change of Key Managerial Personnel (KMP) within Fund Management Entities (FMEs). These guidelines, issued by the International Financial Services Centres Authority (IFSCA), aim to ensure compliance, transparency, and enhanced governance in the financial ecosystem of India’s International Financial Services Centres (IFSCs). Understanding Key Managerial Personnel (KMP) in Fund Management Entities […]

Amendment to Indian Standards Notification: Date Extension to February 23, 2026 Overview of Indian Standards Notification Amendment 2025 The Bureau of Indian Standards (BIS) under the Ministry of Consumer Affairs, Food and Public Distribution has issued an amendment on March 6, 2025, to a previous notification dated August 27, 2024. This amendment, published in the Gazette of India, extends the compliance date from February 23, 2025, to February 23, 2026. Key Details from the Indian […]

IFSCA Bullion Market Regulations 2025: A New Framework for IFSCs The International Financial Services Centres Authority (IFSCA) has introduced the Bullion Market Regulations, 2025, which establish a robust framework for the operation and regulation of bullion exchanges, bullion clearing corporations, bullion depositories, and vault managers within International Financial Services Centres (IFSCs) in India. These regulations aim to standardize the trading, clearing, settlement, and vaulting of bullion and related financial instruments, ensuring greater transparency, security, and […]

Change in Pay-in & Pay-Out Time for NSE and BSE Settlements – What Investors Need to Know The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced changes in the Pay-in and Pay-out timings for settlements due to a Settlement Holiday on February 19, 2025. Investors, brokers, and traders need to be aware of these new deadlines to ensure seamless trading and settlement of securities. In this blog, we’ll simplify these changes, explain […]