Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022

CIRCULAR

F. No. IFSCA-DAC/7/2024-AMLCFT

26 February, 2026

To All Regulated Entities in the International Financial Services Centres

Subject: Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022.

Sir/Madam,

A. Reference is drawn to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 (hereinafter referred as ‘Guidelines’) issued vide notification IFSCA/2022- 23/GN/GL001 dated October 28, 2022 and updated as on January 02,2026.

B. In exercise of the powers conferred under Section 12 r/w Section 13 of the International Financial Services Centres Authority Act, 2019, and Rule 9 (14) of Prevention of Money- Laundering (Maintenance of Records) Rules, 2005, the Authority hereby specifies the following modification to the Guidelines:

1. After sub-point (d) to point (viii) of Clause 1.2.2 of Part -A of Annexure-II of the principal Guidelines, following new sub-point shall be inserted: “(e)OTP based Aadhaar e-KYC authentication”

C. This Circular shall come into force with immediate effect.

D. Copy of the circular is available on the IFSCA website at https://ifsca.gov.in/Legal/Index/TCce8MyOmco=

Pradeep Deo, Chief General Manager Division of AML & CFT, IFSCA