Summary
- The International Financial Services Centres Authority has clarified the fee structure for existing Ancillary Service Providers and TechFin entities in a circular dated May 21, 2026.
- These entities will continue operating under their current frameworks until they receive registration certificates under the IFSCA (TechFin and Ancillary Services) Regulations, 2025.
- The same fee structure outlined in the March 02, 2026 Fee Circular will apply to these existing entities, with fees for FY 2026-27 due by May 31, 2026.
- This move aims to streamline compliance and ensure a smooth transition to the new regulatory framework established by the TAS Regulations.
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