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Net Tangible Asset Requirement Set To Increase For Responsible Entities
ASIC is set to increase the net tangible assets requirements for responsible entities of registered managed investment schemes, IDPS operators, and corporate directors of retail CCIVs, with changes taking effect from 1 July 2027. The updated thresholds will reflect inflation adjustments since 2013 and will be indexed annually going forward. Entities impacted by these regulatory changes will need to ensure compliance with the new minimum financial requirements before the implementation date.
Australia Finance
KG
K&L Gates LLP
Article
The Law Comes Full Circle On The Issue Of Ex Post Facto Environmental Clearance
In Vanashakti v Union of India, 2026 INSC 761 a three-judge bench of the Supreme Court pursuant to review proceedings settled the long-contested issue of ex post facto Environmental Clearance (EC) granted under the Environment Impact Assessment Notification, 2006 (EIA Notification, 2006). The Court held that the prior EC regime is mandatory in nature and upheld the validity of the 2017 Notification issued by the Ministry of Environment, Forest and Climate Change (MoEFCC) as a time bound amnesty scheme, and struck down the 2021 Office Memorandum (2021 OM) as an impermissible administrative action with prospective effect. The Court passed a common judgment and order in a group of petitions.
India Environment
KC
Khaitan & Co LLP
Article
Telecommunications (Terms And Conditions For Migration) Rules, 2026
The regulatory framework governing the Indian telecommunications sector is undergoing a structural transition. On 23 June 2026, the Department of Telecommunications (DoT), Ministry of Communications, notified the Telecommunications (Terms and Conditions for Migration) Rules, 2026 (Migration Rules). The Migration Rules create the legal pathway for licensees, registration holders and permission holders under the previous telecom regime to migrate to the new authorisation framework
India Media & IT
KC
Khaitan & Co LLP
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