IFSCA Renews Recognition Of India ICC For 3 Years

India ICC Recognition Renewal

NOTIFICATION NO. F. NO. IFSCA/INDIA ICC/RENEWAL/2025-26, Dated: 01.01.2026

1. Introduction

The International Financial Services Centres Authority (IFSCA) has granted renewal of recognition to India International Clearing Corporation Limited (India ICC) in the interest of trade, the securities market, and the public interest.

2. Notification And Authority

The renewal has been accorded vide Notification No. F. No. IFSCA/INDIA ICC/RENEWAL/2025-26, dated 1 January 2026. The decision follows IFSCA’s assessment of the clearing corporation’s regulatory compliance and operational framework.

3. Period Of Renewal

The recognition has been renewed for a period of three years, commencing from 29 December 2025 and continuing until 28 December 2028, unless modified or withdrawn in accordance with applicable regulations.

4. Conditions Attached To Recognition

The renewal is subject to the condition that India International Clearing Corporation Limited shall comply with all conditions specified by IFSCA from time to time. Ongoing adherence to regulatory, governance, and risk-management requirements remains mandatory during the renewal period.

5. Conclusion

The renewal of recognition reaffirms IFSCA’s confidence in the functioning of India ICC and its role in supporting the IFSC securities market. Continued compliance with IFSCA’s regulatory framework will be essential throughout the renewed term.

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