In the March edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, labour, information technology and aviation.

Below are the key highlights of the newsletter:

SEBI UPDATES

• Framework for reporting of value of AIF units to depositories
• Disclosure by SEBI regulated entities and their agents on social media platforms

RBI & IFSC UPDATES

• IFSCA issues directions for obtaining ISIN from a recognised depository in IFSC
• RBI introduces amendment to the Borrowing and Lending Regulations, 2018
• IFSCA specifies the format of the net worth certificate and checklist for conducting audit of GAPs
• IFSCA specifies the process for unified registration for multiple capital market activities under the CMI Regulations

LABOUR UPDATES

• Government clarifies functions of tribunals and authorities under the Industrial Relations Code

OTHER UPDATES

• DPIIT amends the definition of startups
• Accessibility of content enhanced for persons with hearing and visual impairment
• Government tightens regulatory framework on AI-generated content
• Ministry of Civil Aviation notifies the Aircraft (Carriage of Dangerous Goods) Rules, 2026

We hope you like our publication. We look forward to your suggestions.

Please feel free to contact us at [email protected]

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