IFSCA has issued consultation paper on the proposed international financial services centres authority (procedure for making regulations and subsidiary instruction) regulations, 2025. The objective of this consultation paper is to seek public comments on the draft International Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instruction) Regulations, 2025.
These draft regulations aim to enhance the regulatory framework for drafting, amending, and issuing regulations and subsidiary instructions by the International Financial Services Centres Authority (IFSCA). The proposed framework seeks to further strengthen principles of transparency, stakeholder participation, and regulatory clarity.