The International Financial Services Centres Authority (IFSCA) notified the IFSCA (Prohibition of Market Abuse in Securities Markets) Regulations, 2026(PMASM Regulations) on 25 August 2026. The PMASM Regulations are an addition to the growing GIFT-IFSC's securities market, a self-contained, unified code addressing insider trading and fraudulent, manipulative and unfair trade practices, in place of the extended application of two separate SEBI regulations.