The International Financial Services Centres Authority (IFSCA) on April 27, 2026, issued the Public Comments received on the proposed amendment to the IFSCA (TAS) Regulations, 2025.
The following has been stated:
• It has released public comments received on its proposed regulatory framework for Trust and Company Service Providers (TCSPs) under the IFSCA (TechFin and Ancillary Services) Regulations, 2025. The framework aims to establish a structured and regulated ecosystem for TCSPs to support activities such as incorporation, administration, governance, and compliance of Special Purpose Vehicles (SPVs), particularly in the aircraft leasing and financing sector within IFSC.
• Stakeholders provided feedback on key aspects, including recognition and registration of TCSPs, capital requirements, governance standards, prudential norms, and operational scope, highlighting the need for clarity, proportional regulation, and alignment with global best practices.
• The proposed framework is intended to strengthen the IFSC ecosystem by improving transparency, ensuring AML/KYC compliance, and creating a robust support structure for complex financial transactions.
