The International Financial Services Centres Authority (IFSCA), on December 31, 2025, notified regarding the extension of deadline for implementing revised norms for Principal Officer and Compliance Officer under IFSCA (CMI) Regulations, 2025.
The following have been stated namely:-
• In the Circular, the deadline for implementation of sub-regulations (2), (3) and (8) of regulation 9 of the CMI Regulations was extended till December 31, 2025.
• The Authority has, in its meeting held on December 22, 2025, approved certain amendments to the CMI Regulations relating to the appointment of Principal Officer and Compliance Officer of the capital market intermediaries. The said amendments are in the process of being notified.
• In view of the above it has been decided to extend the deadline for implementation of subregulations (2), (3) and (8) of regulation 9 of the CMI Regulations up to January 15, 2026 or till the date of publication of the IFSCA (Capital Market Intermediaries) (Amendment) Regulations, 2026 in the Official Gazette, whichever is earlier.
[Notification no. IFSCA-PLNP/80/2024-Capital Markets]
