Date: 2026-03-30Category: Extra OrdinaryState: Union GovernmentCountry: India
Nominating Ms. Aparna Sinha Adviser Ministry of Finance Department of Economic Affairs Govt of India as Member International Financial Services Centres Authority.
**Executive Summary**
This notification, issued by the Ministry of Finance on March 30, 2026, amends the membership of the International Financial Services Centres Authority. Exercising powers under the International Financial Services Centres Authority Act, 2019, the Central Government has updated the principal notification dated July 24, 2020. The primary action is the formal appointment of Ms. Aparna Sinha as a Member of the Authority.
**Key Points / Main Content**
**Legal and Regulatory Framework**
* **Authority:** The notification is issued under clause (c) of sub-section (1) of section 5 of the International Financial Services Centres Authority Act, 2019.
* **Principal Notification:** This document serves as a further amendment to the original notification, S.O. 2435 (E), dated July 24, 2020.
* **Amendment History:** The document notes several previous amendments made to the principal notification between May 2022 and August 2025.
**Membership Changes**
* **New Appointment:** Ms. Aparna Sinha is appointed as a Member of the International Financial Services Centres Authority.
* **Official Designation:** She holds the position of Adviser within the Ministry of Finance, Department of Economic Affairs, Government of India.
* **Substitution:** This new entry replaces the existing entry previously listed under serial number 2 of the principal notification.
**Impact Analysis**
**International Financial Services Centres Authority (IFSCA)**
**Impact**
The composition of the Authority’s membership is officially altered, ensuring representation from the Department of Economic Affairs.
**Action Required**
The Authority must update its internal records and official member directories to reflect the substitution of the member at serial number 2.
**Ms. Aparna Sinha (Adviser, Ministry of Finance)**
**Impact**
She is formally designated as a Member of the Authority representing the Government of India.
**Action Required**
The individual is required to assume the roles, responsibilities, and decision-making duties associated with being a Member of the IFSCA.
**Department of Economic Affairs (Ministry of Finance)**
**Impact**
The department maintains its institutional presence and advisory role within the Authority through this appointment.
**Action Required**
No specific administrative action is required beyond the publication and record-keeping of this gazette notification.
Key Entities Referenced
International Financial Services Centres Authority Act, 2019: The primary legislation under which the Central Government exercises its power to appoint members to the Authority.
Ms. Aparna Sinha: Adviser in the Department of Economic Affairs, appointed as a Member of the Authority through this notification.
Department of Economic Affairs: The division within the Ministry of Finance responsible for issuing the notification and regulating financial markets.
Notification S.O. 2435 (E): The principal notification being amended to update the membership composition of the Authority.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-30032026-271433
CG-DxLx-xEG-I3D0H0x3x2x0 26-271433
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1597] नई दिल्ली, सोमिार, माच ि30, 2026/चत्रै 9, 1948 13, 1947 26/पौष 17, 1947
No. 1597] NEW DELHI, MONDAY, MARCH 30, 2026/CHAITRA 9, 1948 ss, 1947 /PAUSHA 17, 1947
जित्त मत्रं ालय
(आर्थकि काय िजिभाग)
(जित्तीय बािार प्रभाग)
अजधसचू ना
नई दिल्ली, 30 माच,ि 2026
का.आ. 1662(अ).— केंद्र सरकार, अंतरािष्ट्रीय जित्तीय सेिा केंद्र प्राजधकरण अजधजनयम, 2019 (2019 का 50) की
धारा 5 की उप-धारा (1) के खंड (ग) द्वारा प्रित्त िजियों का प्रयोग करते हुए एतिद्वारा, भारत सरकार, जित्त मंत्रालय,
आर्थिक कायि जिभाग की दिनांक 24 िुलाई, 2020 की अजधसूचना संख्या एस.ओ. 2435 (ई) म ेंजनम्नजलजखत संिोधन करती
ह,ै अथाित:् -
उि प्रमुख अजधसूचना म,ें क्रम सं. 2 के सामने, मौिूिा प्रजिजि के जलए, जनम्नजलजखत प्रजतस्ट्थाजपत दकया िाएगा, अथाित:् -
“सुश्री अपणाि जसन्हा,
सलाहकार,
जित्त मंत्रालय,
आर्थिक कायि जिभाग,
भारत सरकार...............सिस्ट्य”
[फा. स.ं 4/1/2020-आरई-पार्ि (1)]
डॉ. आलोक जतिारी, संयुि सजचि
2328 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
पाि टर्प्पणी: प्रमुख अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खडं (ii) में एस.ओ. 2435 (ई) दिनांक
24 िलु ाई, 2020 के माध्यम स ेप्रकाजित की गई थी और बाि में अजधसूचना संख्या एस.ओ. 2427 (ई) दिनांक
27 मई, 2022, एस.ओ. 4408 (ई) दिनांक 21 जसतंबर, 2022, एस.ओ. 5251 (ई) दिनांक 11 निम्बर,
2022 और एस.ओ. 3625 (ई) दिनांक 5 अगस्ट्त, 2025 के माध्यम से इसम ेंसंिोधन दकया गया था।
MINISTRY OF FINANCE
(Department of Economic Affairs)
(FINANCIAL MARKETS DIVISION)
NOTIFICATION
New Delhi, the 30th March, 2026
S.O. 1662(E).— In exercise of the powers conferred by clause (c) of sub-section (1) of section 5 of International
Financial Services Centres Authority Act, 2019 (No. 50 of 2019), the Central Government hereby makes the following
further amendment in the notification of the Government of India, Ministry of Finance, Department of Economic
Affairs, number S.O. 2435 (E) dated 24th July, 2020 (hereinafter referred to as the said Principal Notification),
namely: -
In the said Principal Notification, against serial number 2, for the existing entry, the following shall be
substituted, namely: -
“Ms. Aparna Sinha,
Adviser
Ministry of Finance
Department of Economic Affairs
Government of India ........ Member”
[F. No. 4/1/2020-RE-Part (1)]
Dr. ALOK TIWARI, Jt. Secy.
Footnote: The Principal Notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-
section (ii) vide S.O. 2435(E) dated the 24th July, 2020 and subsequently amended vide notification number
S.O. 2427(E) dated 27th May 2022, S.O. 4408(E) dated 21st September 2022, S.O. 5251(E) dated
11th November, 2022 and S.O. 3625(E) dated 5th August, 2025.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.