5. (1) Upon considering an application for certificate of registration, if the Authority is satisfied that the applicant, prima facie, fulfils the conditions for grant of registration, the Authority may issue an "in- principle approval" with or without additional conditions to be fulfilled by the applicant, prior to the grant of registration: Provided that the "in-principle approval" granted to an applicant may be revoked by the Authority if the applicant is unable to fulfil with the cond... ... ...

4. (1) The Authority, while examining the application filed under regulation 3, shall take into account such factors as it considers relevant for the grant of certificate of registration, including the following: (a) track record, management expertise and financial soundness of the applicant or its promoter(s); (b) ability to employ sufficient number of individuals having adequate professional and other relevant experience; (c) the directors, Key Managerial Personn... ... ...

CHAPTER II REGISTRATION 3. . (1) No person shall operate an Electronic Trading Platform in the IFSC unless it has obtained a registration, as an Electronic Trading Platform Operator, under these regulations: Provided that an IFSC Banking Unit shall not be required to obtain the registration if such Unit or its parent bank, as the case may be, is :- a) the sole provider of buy or sell quotes in Eligible Instrument(s) on its Electronic Trading Platform; and b) one of ... ... ...

2. . (1) In these regulations, unless the context otherwise requires, the terms defined herein shall bear the meanings as assigned below, and their cognate expressions shall be construed accordingly, - (a) "Act" means the International Financial Services Centres Authority Act, 2019 (50 of 2019); (b) "Algorithmic Trading Systems (ATS)" means the hardware, software, procedures, and processes used to originate a transaction on an Electronic Trading Platform using a system-drive... ... ...

INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 8th September, 2026 INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY (ELECTRONIC TRADING PLATFORMS) REGULATIONS, 2026 F.No. IFSCA/GN/2026/016 .- In exercise of the powers conferred by sub-section (1) of section 28 read with sub-section (1) of section 12 and sub-section (1) of section 13 of the International Financial Services Centres Authority Act, 2019 (50 of 2019); section 45W of the Reserve Bank ... ... ...

INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 12th January, 2023 No. IFSCA/2022-23/GN/REG030.-In exercise of the powers conferred by Section 28 read with Sections 12 and 13 of the International Financial Services Centres Authority Act, 2019, and clause (i) of sub-section (2) of Section 114A read with Section 27 of the Insurance Act, 1938, read with Gazette notification number S.O. 3035(E) dated 04th July, 2022 issued by the Department of Financial ... ... ...

GST registration may be immediately suspended where return comparisons or other prescribed analysis reveal significant anomalies indicating contravention and a threat to revenue. The registrant receives electronic intimation and a cancellation notice and must respond through FORM GST REG-18 within thirty days, including pending returns where applicable. The proper officer may, after considering the reply or its absence, drop proceedings through FORM GST REG-20 or cancel registration through FORM GST REG-19. Suspension may be revoked while detailed verification and recovery of short-paid tax continue.

Government of Goa Department of Commercial Taxes Vikrikar Bhavan, Panaji - Goa - 403001 CCT/26-4/2017-2018/C/2143 Dated: 18th November, 2019 CIRCULAR (No. 30 / 2019-20 - GST) Subject: Sub-rule (4) to rule 36 of the Goa Goods and Services Tax Rules, 2017 (hereinafter referred to as the Goa GST Rules) has been inserted vide notification No. 38/1/2017-Fin(R&C)(115) dated 21/10/2019, published in Extraordinary Official Gazette no. 2, Series I no. 29 dated 21/10/2019. The sai... ... ...

Registered International Financial Service Centre Insurance Offices must follow prescribed accounting and presentation requirements. Unincorporated offices use the accounting standards and accounting year of their parent entity; incorporated offices use ICAI standards subject to direct-method cash-flow reporting, mandatory segment reporting and non-application of the investment accounting standard. Financial statements require comparative information, disclosure of applicable standards, accounting policies and their changes, and USD reporting unless otherwise specified. Incorporated offices must submit annual reports containing governance, risk, audited financial, external audit and actuarial materials, while all offices must separately account for policyholders' and shareholders' funds.

Specified insurance regulations and product-filing guidelines cease to apply in the International Financial Services Centre, including requirements concerning insurance distribution databases, e-insurance policies, health insurance, linked and non-linked products, and product filing. A related operational guideline clause is omitted. Insurance contracts entered into before commencement remain valid unless otherwise provided. Existing insurance offices must comply with additional requirements within one month of commencement or within an extended period specified by the Authority.

The Authority may issue guidance notes or circulars to clarify difficulties in applying or interpreting the regulations. On an application accompanied by the specified non-refundable processing fee, it may relax strict enforcement of any provision for reasons recorded in writing.

The Authority may specify norms, procedures, processes and compliance manners for IIOs to implement, facilitate and regulate insurance products and matters incidental to them. This enables operational requirements governing IIO compliance with prescribed arrangements for insurance products and related incidental matters within the applicable regulatory framework for their effective administration.

An IIO must furnish the Authority with information concerning its products in the manner, at the intervals, and in the format specified by the Authority. The requirement creates a continuing product-information reporting obligation, with reporting modalities, frequency, and submission format determined through the Authority's specifications.

Referral arrangements require an IIO to comply with the regulatory framework specified by the Authority for arrangements between the IIO and a referral entity. The framework governs the regulatory conditions applicable to such referral relationships.

Inspection or copies of returns related to an IIO require an application to the Authority, which may charge up to USD 5 and must arrange inspection or provide the copy within thirty working days after fee receipt. Policyholders may apply to an IIO for its Memorandum and Articles of Association or similar documents, subject to a fee up to USD 5 per document and the same supply period. Fees must be paid electronically, excluding bank and transaction charges.

Life insurance IIOs may charge a fee not exceeding USD 5 for registration, cancellation, or change of a policyholder's nomination, including for e-insurance policies. No other fee may be collected for nomination-related services. A nomination made through the proposal form at policy inception and recorded in the policy schedule constitutes valid acknowledgement by the IIO.

Fees for acknowledging notice of transfer or assignment of insurance policies, including e-insurance policies, are capped at USD 5 for an IIO. No additional fee may be charged for other services connected with transfer or assignment, including recording the transfer or assignment. The restriction distinguishes the permitted acknowledgement charge from policy-servicing actions for which separate charges are prohibited.

An IIO must maintain proposal forms in physical or electronic form, capture an electronic Insurance Account number where available, and convert physical prospect information into electronic form. Where electronic issuance is proposed through the Insurance Repository System, creation of an electronic Insurance Account must be facilitated. Electronic policies are mandatory when prescribed sum-assured or premium thresholds are crossed. Policies may be delivered directly or through registered repositories, with physical copies supplied on request.

Regulation 15 requires every insurance policy to specify the grievance management procedures of an IIO, with those procedures conforming to principles specified by the Authority. The applicable grievance-management framework must be included in policy terms and remain consistent with the Authority's prescribed standards.

Policyholders may surrender or cancel life or general insurance policies at any time by giving the prior notice required under the policy, with processing governed by applicable policy terms. Life and health insurance policies must provide a free-look cancellation option, exercise timelines, and premium-refund provisions. General insurance policies must specify cancellation grounds and timelines. Mid-term cancellation by the IIO is confined to fraud, misrepresentation, or moral hazards.