Regulatory Updates

May, 18/05/2026

IRDAI - Minutes of 133rd Meeting of Authority held on December 23, 2025

The Insurance Regulatory and Development Authority of India (“IRDAI / Authority”) has released the Minutes of the 133rd Authority Meeting ("Minutes") held on December 23, 2025, at Hyderabad. Shri Ajay Seth (“Chairman”) presided over his first Authority Meeting after assuming charge as Chairman on September 1, 2025. Smt. Shalini Pandit,...


May, 16/05/2026

IFSCA - Circular on Consumer Charter by Regulated Entities in the International Financial Services C

The International Financial Services Centres Authority (“IFSCA / Authority”) has issued a Circular bearing F. No. IFSCA-LPRA/4/2025-Legal and Regulatory Affairs dated May 08, 2026 (“Circular”), regarding the adoption and publication of Consumer Charter by regulated entities in the International Financial Services Centre (“IFSC”). The Circular...


May, 14/05/2026

IFSCA - Consultation paper on Proposed IFSCA (Manner of Payment and Receipt of Premium) (Amendment)

The International Financial Services Centres Authority (“IFSCA/Authority”) has issued a Consultation Paper on draft “IFSCA (Manner of Payment and Receipt of Premium) (Amendment) Regulations, 2026” dated May 12, 2026 (hereinafter referred to as “Draft Amendment Regulations”). The consultation paper proposes to substitute the definition of “premium”...


May, 13/05/2026

IFSCA - Authority approves draft IFSCA (Managing General Agents) Regulations, 2026 and releases publ

The International Financial Services Centres Authority (“IFSCA”/ “Authority”) has issued a Press Release (“Press Release”) dated May 11, 2026, approving the draft IFSCA (Managing General Agents) Regulations, 2026 (“herein referred as “Draft MGA Regulations”) which were placed before the Authority during the 28th meeting of IFSCA...