Press Release – IFSCA, India and FCA, UK sign Exchange of Letters (EoL)

The International Financial Services Centres Authority (“IFSCA”), via its Press Release dated February 11, 2026 (“Press Release”), has announced the signing of an Exchange of Letters (EoL) between the Financial Conduct Authority (FCA), United Kingdom and IFSCA, India.

The key highlights of the Press Release are as follows:

• The IFSCA, India and the Financial Conduct Authority (FCA), United Kingdom have signed an Exchange of Letters (EoL) to formalize regulatory cooperation in identified areas of mutual interest.
• The EoL was signed by Dr. Dipesh Shah (Executive Director, IFSCA) and Ms. Camille Blackburn (Director, Asia-Pacific, FCA) in the presence of Mr. K. Rajaraman, Chairperson, IFSCA.
• The EoL was signed and operationalized on February 11, 2026, in the presence of Mr. Stephen Hickling (British Deputy High Commissioner to Gujarat and Rajasthan) and other senior officials from the British High Commission.
• The objectives of the EoL include:
  • Facilitating the sharing of information on developments relating to financial products, financial services, financial institutions, regulatory and supervisory initiatives, best practices, and areas of mutual cooperation.
  • Promoting the exchange of information regarding the application of technologies, financial innovation, financial technology (FinTech), and regulatory technology (RegTech) in the financial markets of their respective jurisdictions.

A copy of the Press Release is attached herewith for your ready reference.

Source Category: IFSC Insurance Office

Attachments

• • IFSCA, India and FCA, UK sign Exchange of Letters (EoL)