The India International Financial Services Centres Authority (IFSCA) has issued a circular introducing Unified Registration, branded as the Master Key, for multiple capital market activities under the IFSCA (Capital Market Intermediaries) Regulations, 2025. The framework allows an entity seeking approvals for more than one capital market activity in the IFSC to submit a single application and receive a common certificate of registration listing the approved activities. The circular operationalises amendments made in January 2026 that enabled unified registration under the 2025 Regulations. Applications are to be filed through the Single Window IT System Portal (SWIT), with the stated objective of streamlining procedural requirements and reducing processing time for multi-activity registrations.
India International Financial Services Centres Authority 2026-02-13
India International Financial Services Centres Authority issues Master Key circular enabling unified registration for multiple capital market activities
The India International Financial Services Centres Authority (IFSCA) has introduced Unified Registration, or the Master Key, enabling entities to apply for multiple capital market activities in the IFSC with a single application, receiving a common registration certificate. This initiative, operationalized through the Single Window IT System Portal, aims to streamline procedures and reduce processing time for multi-activity registrations.