diff --git a/requirements/ci.txt b/requirements/ci.txt
index 54d267d8..d8fe30b1 100644
--- a/requirements/ci.txt
+++ b/requirements/ci.txt
@@ -8,7 +8,7 @@ cachetools==5.3.2
     # via
     #   -r requirements/tox.txt
     #   tox
-certifi==2023.7.22
+certifi==2023.11.17
     # via requests
 chardet==5.2.0
     # via
@@ -44,6 +44,7 @@ packaging==23.2
     #   tox
 platformdirs==3.11.0
     # via
+    #   -c requirements/common_constraints.txt
     #   -r requirements/tox.txt
     #   tox
     #   virtualenv
diff --git a/requirements/common_constraints.txt b/requirements/common_constraints.txt
index 15aafb29..d6c92800 100644
--- a/requirements/common_constraints.txt
+++ b/requirements/common_constraints.txt
@@ -21,3 +21,8 @@ elasticsearch<7.14.0
 
 # django-simple-history>3.0.0 adds indexing and causes a lot of migrations to be affected
 django-simple-history==3.0.0
+
+# virtualenv latest version requires platformdirs<4.0 which conflicts with tox>4.0 version
+# This constraint can be removed once the issue 
+# https://github.com/pypa/virtualenv/issues/2666 gets resolved 
+platformdirs<4.0
diff --git a/requirements/pip.txt b/requirements/pip.txt
index 9014f2cf..ad565104 100644
--- a/requirements/pip.txt
+++ b/requirements/pip.txt
@@ -10,5 +10,5 @@ wheel==0.41.3
 # The following packages are considered to be unsafe in a requirements file:
 pip==23.3.1
     # via -r requirements/pip.in
-setuptools==68.2.2
+setuptools==69.0.0
     # via -r requirements/pip.in
diff --git a/requirements/quality.txt b/requirements/quality.txt
index 51c009ca..e97d7acc 100644
--- a/requirements/quality.txt
+++ b/requirements/quality.txt
@@ -24,16 +24,16 @@ binaryornot==0.4.4
     # via
     #   -r requirements/test.txt
     #   cookiecutter
-boto3==1.28.85
+boto3==1.29.4
     # via
     #   -r requirements/test.txt
     #   fs-s3fs
-botocore==1.31.85
+botocore==1.32.4
     # via
     #   -r requirements/test.txt
     #   boto3
     #   s3transfer
-certifi==2023.7.22
+certifi==2023.11.17
     # via
     #   -r requirements/test.txt
     #   requests
@@ -133,11 +133,13 @@ pbr==6.0.0
     # via
     #   -r requirements/test.txt
     #   stevedore
-platformdirs==4.0.0
-    # via pylint
+platformdirs==3.11.0
+    # via
+    #   -c requirements/common_constraints.txt
+    #   pylint
 pycodestyle==2.11.1
     # via -r requirements/quality.in
-pygments==2.16.1
+pygments==2.17.1
     # via
     #   -r requirements/test.txt
     #   rich
@@ -179,7 +181,7 @@ requests==2.31.0
     #   -r requirements/test.txt
     #   cookiecutter
     #   xblock-sdk
-rich==13.6.0
+rich==13.7.0
     # via
     #   -r requirements/test.txt
     #   cookiecutter
@@ -215,7 +217,7 @@ text-unidecode==1.3
     #   python-slugify
 tomli==2.0.1
     # via pylint
-tomlkit==0.12.2
+tomlkit==0.12.3
     # via pylint
 types-python-dateutil==2.8.19.14
     # via
diff --git a/requirements/test.txt b/requirements/test.txt
index 00606e4d..7e00060b 100644
--- a/requirements/test.txt
+++ b/requirements/test.txt
@@ -12,13 +12,13 @@ asgiref==3.7.2
     # via django
 binaryornot==0.4.4
     # via cookiecutter
-boto3==1.28.85
+boto3==1.29.4
     # via fs-s3fs
-botocore==1.31.85
+botocore==1.32.4
     # via
     #   boto3
     #   s3transfer
-certifi==2023.7.22
+certifi==2023.11.17
     # via requests
 chardet==5.2.0
     # via binaryornot
@@ -78,7 +78,7 @@ mock==5.1.0
     # via -r requirements/test.in
 pbr==6.0.0
     # via stevedore
-pygments==2.16.1
+pygments==2.17.1
     # via rich
 pymongo==3.13.0
     # via edx-opaque-keys
@@ -103,7 +103,7 @@ requests==2.31.0
     # via
     #   cookiecutter
     #   xblock-sdk
-rich==13.6.0
+rich==13.7.0
     # via cookiecutter
 s3transfer==0.7.0
     # via boto3
diff --git a/requirements/tox.txt b/requirements/tox.txt
index 46856718..4517aca2 100644
--- a/requirements/tox.txt
+++ b/requirements/tox.txt
@@ -22,6 +22,7 @@ packaging==23.2
     #   tox
 platformdirs==3.11.0
     # via
+    #   -c requirements/common_constraints.txt
     #   tox
     #   virtualenv
 pluggy==1.3.0