Search: European Union
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September 2026
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FEMA & RBIIFSC distributors: IFSCA adds UAE, Singapore, Australia and the European Union as specified jurisdictions; “jurisdiction” means where the product is domiciled
4 jurisdictions addedClarifiedIFSCA has amended its Master Circular for Distributors in the IFSC. UAE, Singapore, Australia and the European Union are specified as jurisdictions for regulation 32(1)(a) and (c) of the Capital Market Intermediaries Regulations, 2025, provided they are not FATF-listed or notified as high risk. “Jurisdiction” refers to the domicile of the product, not the location of its manager.
August 2026
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LicencesMedical Devices Rules, 2017: no separate loan licence for outsourced sterilisation; EU added for clinical-investigation waiver, says Health Ministry
No loan licence for sterilisationRule changeThe Health Ministry says the Medical Devices Rules, 2017 have been amended. Under amended rule 44, a manufacturer that outsources sterilisation to a facility holding a valid licence under the Rules no longer needs a separate loan licence for that activity. Rule 63 now includes the European Union among the jurisdictions recognised for waiver of clinical investigation.
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