IFSCA circular F. No. IFSCA-PLNP/85/2025-Capital Markets · 25 Aug 2026
Official title
Extension of timeline for obtaining International Securities Identification Numbers (ISINs) from a recognised depository in IFSC
Summary
Check the official recordThe International Financial Services Centres Authority extends the deadline for units in the International Financial Services Centres to obtain new International Securities Identification Numbers. Units that currently hold International Securities Identification Numbers from domestic depositories in India must obtain new numbers from a depository recognized by the International Financial Services Centres Authority. The new deadline is December 31, 2026. Additionally, the recognized depository must submit a compliance report to the Authority by January 31, 2027. This report confirms the completion of the transition process. This circular takes effect immediately.
What you must do
Key dates
Who is affected
CIRCULAR
F. No. IFSCA-PLNP/85/2025-Capital Markets
August 25, 2026
To,
Units in the International Financial Services Centres (“IFSC”)
Dear Sir / Madam,
Subject: Extension of timeline for obtaining International Securities Identification Numbers (ISINs) from a recognised depository in IFSC
Reference is drawn to Circular dated February 06, 2026 on ‘Directions for obtaining ISINs from a recognised depository in IFSC’ (“ISIN Circular”) issued by the International Financial Services Centres Authority (“IFSCA”).
The ISIN Circular, inter-alia, directs the units in IFSC which have already obtained ISINs from the domestic depositories in India for the securities or other permitted financial products, to obtain new ISINs from a depository recognised by the IFSCA, by August 31, 2026.
Based on the representations received from the stakeholders, it has been decided to extend the above-mentioned timeline to December 31, 2026.
Consequently, the timeline for the recognised depository in the IFSC to submit a compliance report to IFSCA confirming completion of the transition process, stands extended to January 31, 2027.
This circular is issued in exercise of powers conferred under sections 12 and 13 of the International Financial Services Centres Authority Act, 2019 read with regulation 72 of the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021, and shall come into force with immediate effect.
A copy of this circular is available on the website of IFSCA at www.ifsca.gov.in.
Yours faithfully,
Sd/-
Amit Prajapati
General Manager
Department of Capital Markets
prajapati.amit@ifsca.gov.in
