Category: Regulatory Updates

  • Regulatory Updates

IFSCA – Frequently Asked Questions (FAQs) on IFSCA FinTech Sandbox Framework, 2026

The International Financial Services Authority (“ IFSCA ”) has released the FAQs on IFSCA FinTech Sandbox Framework (herein referred to as “ FAQ ”). The FAQs are issued to provide comprehensive overview of the IFSCA FinTech

IFSCA – Informal Guidance on request from Applicant in relation to General Insurance Business as per

The International Financial Services Centres Authority (“IFSCA / Authority”) has issued an Informal Guidance by way of interpretative letter dated 17 December 2025, under the IFSCA (Informal Guidance) Scheme, 2024 (“Informal Guidance”) providing clarifications on the

IRDAI – Consultation paper & Exposure draft on IRDAI (Registration, Capital Structure, Transfer of S

IRDAI Issues Consultation Paper on Proposed Amendments to Registration Regulations, 2026 The Insurance Regulatory and Development Authority of India (IRDAI) has issued a Consultation Paper along with an Exposure Draft on the Proposed Amendments to the

IRDAI – Caution to General Public on expired registration of entity M/s Stareureka Insurance Marketi

The Insurance Regulatory and Development Authority of India (“IRDAI” / “Authority”) has issued a Public Notice dated June 12, 2026 (“Public Notice”), cautioning the general public regarding the expired Certificate of Registration of M/s Stareureka Insurance

CCPA – Final Orders in the matters of PhysicsWallah Limited & McAfee Software India Private Limited

CCPA Imposes Penalties on PhysicsWallah and McAfee for Dark Pattern Practices The Central Consumer Protection Authority (CCPA) has imposed penalties on PhysicsWallah Limited (PhysicsWallah) and McAfee Software India Private Limited (McAfee) for deploying dark pattern practices

IRDAI – GDP Flash Figures for Non-Life Insurers (May 2026)

Dear Sir/Madam, The Insurance Regulatory and Development Authority of India (“IRDAI”) has uploaded the Gross Direct Premium Flash Figures for Non-Life Insurers for and up to the month of May 2026. Please find the file attached

IFSCA – Informal Guidance on request from Applicant in relation to regulatory frameworks for IIOs th

IFSCA Interpretative Letter on IIOs Operating Through MGAs in GIFT IFSC The International Financial Services Centres Authority (“IFSCA / Authority”) has issued an Interpretative Letter dated December 09, 2025, under the IFSCA (Informal Guidance) Scheme, 2024

IFSCA – Advisory on heightened Cyber Security risks arising from Frontier AI models for REs

The International Financial Services Centres Authority (“IFSCA”/ “Authority”) has issued a Circular dated June 04, 2026, bearing reference numberIFSCA-CSD/MSC/3/2026-DCS (“Circular”) prescribing an advisory on heightened cyber security risks arising from frontier Artificial Intelligence (“AI”) models. Background:

IRDAI – Workshop on implementation of Ind AS for Insurance Sector

The Insurance Regulatory and Development Authority of India (“ IRDAI ” / “ Authority ”), vide its press release dated June 05, 2026 (“ Press Release ”), informed about the organisation of a Workshop on Implementation

IFSCA Bulletin for Q4 (Jan-Mar) for FY 25-26

The International Financial Services Centres Authority (IFSCA) has uploaded the IFSCA Bulletin for Q4 (January–March) for the year 2025–26, dated June 01, 2026. Key Highlights – Insurance Sector Sr. No. Particulars Details 1 Insurance Firms and