The International Financial Services Centres Authority (IFSCA) on April 22, 2026, issued an amendment to ship leasing framework.
The following has been stated:
Reference is drawn to the Circular titled “Framework for Ship Leasing” dated August 16, 2022, the explanation under clause 3.D.(ii) has been removed. This change follows the inclusion of “management of physical assets” in the list of services not permitted for TechFin and Ancillary Service Providers under the IFSCA (TechFin and Ancillary Services) Regulations, 2025.
It shall come into force with immediate effect.
[F. No. IFSCA-FCR0SL/25/2025-Banking/2026-27/01]