Sansa Law Desk

For the first time, India's Code on Social Security formally recognizes gig workers and platform workers as a distinct category with entitlement to social security benefits. The government has established a Gig Workers Welfare Board to administer insurance schemes covering accidents, health issues, income loss, and other contingencies. Digital aggregators are required to contribute 1-2 percent of annual turnover to the fund. This represents a watershed moment in Indian labor

The Reserve Bank of India has updated its Know Your Customer and Anti-Money Laundering compliance framework for 2026. All regulated entities, including banks, NBFCs, and fintechs, must implement enhanced customer due diligence, real-time sanctions list screening with 24-hour update windows, and Politically Exposed Person checks at both onboarding and periodic intervals. The updated framework reflects India's commitment to the Financial Action Task Force recommendations and in

Effective January 2026, SEBI replaced the three-decade-old SEBI Stock Brokers Regulations 1992 with an entirely new framework. The new regulations modernize broker governance, strengthen client asset protection, and enable brokers to undertake multiple regulated financial activities under a unified regulatory umbrella. One of the most critical changes is mandatory segregation of client funds and securities, preventing brokers from committing client assets to unauthorized purp