The International Financial Services Centres Authority (IFSCA), on February 06, 2026, issued directions for obtaining International Securities Identification Numbers (ISINs) from a recognised depository in IFSC.
The following has been stated namely:-
• Responsibilities of recognised depository in the IFSC:- To ease the process of obtaining new ISINs, the recognised depository in the IFSC shall:
• (a) prepare a standardised process flow in coordination with the domestic depositories in India to ensure seamless onboarding; and
• (b) issue Frequently Asked Questions and notices, as required, for guiding the Units in the IFSC for smooth transition.
• The recognised depository in the IFSC shall submit a compliance report to IFSCA confirming completion of the transition process by September 30, 2026.
• This circular is issued in exercise of powers conferred under sections 12 and 13 of the International Financial Services Centres Authority Act, 2019, read with regulation 72 of the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021, and shall come into force with immediate effect.
[Notification No. IFSCA-PLNP/85/2025-Capital Markets]
