IFSCA issued a circular regarding the

Dec 16, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The International Financial Services Centres Authority (IFSCA) on December 12, 2025, issued a circular regarding the implementation of provisions of the Banking Laws (Amendment) Act, 2025.

The attention of IBUs is drawn to the notification no. S.O. 4789 (E) of Department of Financial Services dated October 22, 2025, appointing November 01, 2025, as the date for coming into force of the provisions of sections 10, 11, 12 and 13 of the Banking Laws (Amendment) Act, 2025.

[Circular No. IFSCA-FMPP0BR/35/2025-Banking]

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