IFSCA Renews Recognition Of India ICC For 3 Years

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India ICC Recognition Renewal

NOTIFICATION NO. F. NO. IFSCA/INDIA ICC/RENEWAL/2025-26, Dated: 01.01.2026

1. Introduction

The International Financial Services Centres Authority (IFSCA) has granted renewal of recognition to India International Clearing Corporation Limited (India ICC) in the interest of trade, the securities market, and the public interest.

2. Notification And Authority

The renewal has been accorded vide Notification No. F. No. IFSCA/INDIA ICC/RENEWAL/2025-26, dated 1 January 2026. The decision follows IFSCA’s assessment of the clearing corporation’s regulatory compliance and operational framework.

3. Period Of Renewal

The recognition has been renewed for a period of three years, commencing from 29 December 2025 and continuing until 28 December 2028, unless modified or withdrawn in accordance with applicable regulations.

4. Conditions Attached To Recognition

The renewal is subject to the condition that India International Clearing Corporation Limited shall comply with all conditions specified by IFSCA from time to time. Ongoing adherence to regulatory, governance, and risk-management requirements remains mandatory during the renewal period.

5. Conclusion

The renewal of recognition reaffirms IFSCA’s confidence in the functioning of India ICC and its role in supporting the IFSC securities market. Continued compliance with IFSCA’s regulatory framework will be essential throughout the renewed term.

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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