On February 13, 2026, IFSCA issued a circular on the Unified Registration for multiple Capital Market Activities under the IFSCA (Capital Market Intermediaries) Regulations, 2025 (Master Key), following amendments in January 2026 to ease procedural requirements for entities applying for various capital market activities. The Master Key circular enhances ease of doing business for entities seeking registration for multiple capital market activities in IFSC, streamlines the registration process, and allows entities to apply through a single application form using the Single Window IT System Portal (SWIT). Entities will receive a common certificate of registration with a list of approved registrations. The circular can be accessed on the International Financial Services Centres Authority website at www.ifsca.gov.in under "About Us →Circular”.
Key Entities Referenced
IFSCA (Capital Market Intermediaries) Regulations, 2025: Regulations related to capital market intermediaries under the International Financial Services Centres Authority, amended to enable unified registration.
IFSCA: International Financial Services Centres Authority
Unified Registration (Master Key): A scheme for unified registration of entities for multiple capital market activities.
Single Window IT System Portal (SWIT): A portal intended to enable single application form for undertaking multiple capital market activities.
Gandhinagar: Location where the press release was issued.
PRESS RELEASE
Unified Registration (Master Key)
under the IFSCA (Capital Market Intermediaries) Regulations, 2025
With a view to easing procedural requirements for entities applying for various capital
market activities, the IFSCA (Capital Market Intermediaries) Regulations 2025 were
amended in January 2026 enabling unified registration for such activities.
Consequently, IFSCA has now issued a circular on the Unified Registration for multiple
Capital Market Activities under the IFSCA (Capital Market Intermediaries)
Regulations, 2025 (Master Key) on February 13, 2026 (Master Key circular).
This reform enhances ease of doing business to entities seeking registration for multiple
capital market activities in IFSC and streamlines the overall registration process, saving
time. The Master Key would enable an entity desirous of seeking registration for
undertaking multiple capital market activities to apply through a single application form
using the Single Window IT System Portal (SWIT). The entity would be provided with a
common certificate of registration with the list of approved registrations.
The circular can be accessed on the website of International Financial Services Centres
Authority at www.ifsca.gov.in at “About Us →Circular”.
Gandhinagar
February 13, 2026