IFSCA amends Master Circular for Credit Rating Agencies in the IFSC

Sep 09, 2026 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe International Financial Services Centres Authority (IFSCA) has issued a Circular on September 08, 2026, amending the “Master Circular for Credit Rating Agencies in the IFSC” dated August 05, 2025. 

The following has been stated:

Sub-paragraph 18.2 of the Master Circular has been amended by inserting the words “certain situations as per the approved policy of the CRA, including but not limited to” after the words “permitted in” and before “the”.

The amendment comes into force with immediate effect from September 08, 2026.

Please refer to the document attached below for more details.

[Circular No.: e.F.No. IFSCA-CMIR/1/2026-CMIR]


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