IFSCA Grants QCCP Status to IIBX in GIFT IFSC

Press Release; Dated: 25.03.2026

The International Financial Services Centres Authority has granted recognition to India International Bullion Exchange Limited under the Securities Contracts (Regulation) Act, 1956, read with the IFSCA Act and the IFSCA (Bullion Market) Regulations, 2025.

1. Key Approval

• IIBX is authorised to function as:

1. 1. Bullion Exchange, and
   2. Bullion Clearing Corporation

• The recognition is applicable within the GIFT IFSC

2. Market Infrastructure Status

• IIBX has been designated as a Market Infrastructure Institution (MII)
• This designation reflects its systemic importance in the IFSC ecosystem
• It will operate under the regulatory oversight of IFSCA

3. Regulatory Significance

• Strengthens the bullion trading ecosystem in IFSC
• Enables integrated trading and clearing infrastructure
• Enhances transparency, efficiency, and global competitiveness

4. Bigger Picture

This move supports India’s ambition to position GIFT IFSC as a global hub for bullion trading, while ensuring robust regulatory supervision and market integrity.

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