IFSCA Extends Deadline For Compliance With Net Worth Norms Under CMI Regulations 2025

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  • Last Updated on 17 September, 2025

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IFSCA net worth compliance deadline

Circular File No. IFSCA-PLNP/80/2024-Capital Markets, Dated: 12.09.2025

1.Introduction

The International Financial Services Centres Authority (IFSCA) has issued a circular announcing an extension in the timeline for compliance with revised regulatory norms. The decision specifically pertains to the minimum net worth requirements under the IFSCA (Capital Market Intermediaries) Regulations, 2025.

2. Original Compliance Deadline

Initially, capital market intermediaries were required to meet the revised minimum net worth requirements by October 1, 2025. This deadline was established to ensure that all entities operating within the International Financial Services Centre (IFSC) met the enhanced regulatory standards aimed at strengthening financial stability.

3. Extension Of Timeline

However, in response to several representations and requests made by market participants, the IFSCA has decided to extend the compliance timeline. The revised deadline now allows entities to achieve compliance by December 31, 2025, providing them with additional time to align their operations and financial structure with the new norms.

4. Effective Implementation

The extension has been formally communicated through a circular which comes into effect immediately. The move is intended to facilitate a smoother transition for intermediaries while ensuring that regulatory objectives are not compromised. Market participants are expected to utilise this extended period to make the necessary adjustments.

5. Conclusion

By extending the compliance deadline, the IFSCA has demonstrated a balanced approach—considering both regulatory discipline and industry concerns. This extension is expected to provide relief to intermediaries while maintaining the overall goal of enhancing governance and financial robustness within the IFSC framework.

Click Here To Read The Full Circular

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Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied