Domestic Developments
RBI has issued fresh directions on due diligence requirements for Aadhaar-enabled Payment System (AePS) touchpoint operators to strengthen compliance and security protocols.
SEBI released a Master Circular for Investment Advisers on June 27, 2025, consolidating applicable regulations and guidance in one place for ease of reference.
Uttar Pradesh Government has notified new rules governing liquor and cannabis under the United Provinces Excise Act, 1910, superseding all previously existing rules.
Goa Government has issued a corrigendum to the Goa (Prevention of Illegal Mining, Storage and Transportation of Minerals) Sixth Amendment Rules, 2024.
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.
The Ministry of Corporate Affairs (MCA) notified the Companies (Accounts) Second Amendment Rules, 2025 on May 30, 2025, introducing key changes to reporting requirements.
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.
The Government of India has released draft Artificial Intelligence (AI) guidelines for the financial sector, outlining principles for responsible AI deployment.
A Draft Registration Bill, 2025, has been introduced by the Central Government to overhaul the legal framework for document registration in India.
International Developments
United Kingdom: The Data (Use and Access) Act, 2025 received Royal Assent on June 19, 2025, introducing a new regulatory regime for data sharing.
Hungary has officially announced its withdrawal from the Rome Statute of the International Criminal Court, effective June 2026.
Japan has amended its Whistleblower Protection Act, enhancing safeguards and reporting channels for whistleblowers.
Texas, USA:
Enacted a new law to regulate proxy advisory firms, aiming to improve transparency and accountability in shareholder voting recommendations.
Senate Bill 1318 introduces stricter non-compete restrictions for physicians, extending similar limitations to other healthcare professionals.
China has released a national plan focusing on the protection of minors’ personal data, strengthening digital privacy safeguards for children.