Domestic Developments
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RBI has issued fresh directions on due diligence requirements for Aadhaar-enabled Payment System (AePS) touchpoint operators to strengthen compliance and security protocols.
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SEBI released a Master Circular for Investment Advisers on June 27, 2025, consolidating applicable regulations and guidance in one place for ease of reference.
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Uttar Pradesh Government has notified new rules governing liquor and cannabis under the United Provinces Excise Act, 1910, superseding all previously existing rules.
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Goa Government has issued a corrigendum to the Goa (Prevention of Illegal Mining, Storage and Transportation of Minerals) Sixth Amendment Rules, 2024.
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The Department of Social Welfare and Women Empowerment, Government of Tamil Nadu, has published a Standard Operating Procedure (SOP) for the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
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The Ministry of Corporate Affairs (MCA) notified the Companies (Accounts) Second Amendment Rules, 2025 on May 30, 2025, introducing key changes to reporting requirements.
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The National Securities Depository Limited (NSDL), via circular no. NSDL/POLICY/2025/0071 dated June 3, 2025, has introduced new compliance requirements for transfers of shares in private companies.
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The Government of India has released draft Artificial Intelligence (AI) guidelines for the financial sector, outlining principles for responsible AI deployment.
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A Draft Registration Bill, 2025, has been introduced by the Central Government to overhaul the legal framework for document registration in India.
International Developments
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United Kingdom: The Data (Use and Access) Act, 2025 received Royal Assent on June 19, 2025, introducing a new regulatory regime for data sharing.
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Hungary has officially announced its withdrawal from the Rome Statute of the International Criminal Court, effective June 2026.
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Japan has amended its Whistleblower Protection Act, enhancing safeguards and reporting channels for whistleblowers.
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Texas, USA:
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Enacted a new law to regulate proxy advisory firms, aiming to improve transparency and accountability in shareholder voting recommendations.
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Senate Bill 1318 introduces stricter non-compete restrictions for physicians, extending similar limitations to other healthcare professionals.
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China has released a national plan focusing on the protection of minors’ personal data, strengthening digital privacy safeguards for children.