Alerts & Updates 17th Apr 2026

FSCA Mandates Segregation of Fiduciary and Operational Roles in IFSC Funds

Authors

Vinod JosephPartner | Mumbai
Akhil Ganatra
Akhil GanatraAssociate | GIFT City

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IFSCA has issued a circular dated April 10, 2026, prohibiting fiduciaries of AIFs operating in GIFT-IFSC, such as trustee companies, from providing fund administration services and a few other specified services to the same AIF, either directly or through associates. In this update, we briefly analyse the aforementioned circular and its implications for service providers in GIFT-IFSC.

Read the update here

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