The International Financial Services Centres Authority (IFSCA), on January 21, 2026, issued the Consultation paper on “Guidance Framework on sustainable deposits and sustainable lending and investments”.
The following has been stated, namely:-
• Sustainable Lending and Trade Finance:- Key products in the lending space include green loans, social loans, sustainability loans (GSS) and sustainability-linked loans (SLLs). Frameworks issued by organisations such as the Loan Market Association (LMA) in collaboration with the Loan Syndications and Trading Association (LSTA) and the Asia Pacific Loan Market Association (APLMA) prescribe voluntary, market-based principles for the origination and management of these instruments, which are widely referenced and increasingly adopted across international loan markets.
• Sustainable trade finance has emerged as an important sub-segment within sustainable lending. The International Chamber of Commerce (ICC) has, in October 2024, issued ‘Principles for Sustainable Trade Finance’, for voluntary, market led adoption, reflecting growing recognition of the role of trade finance in supporting sustainable supply chains.
• Comments/ suggestions are invited from the public and stakeholders on the proposed circular through email to Mr. Lobhas Khairnar, Manager, IFSCA at [email protected] and Mr. Nishil Patel, Consultant, IFSCA at [email protected] on or before February 10, 2026, in the format provided below. The comments may be provided in MS Word and MS Excel only.
Detailed notification is attached below.
