Overseas investment definitions distinguish direct and portfolio investment, prescribe control thresholds, and preserve investment classification after later changes. Overseas Direct Investment includes unlisted equity acquisition, memorandum subscription, significant investment in listed foreign entities, and ... Summary
International Financial Services Centres Authority Act, 2019
Overseas investment definitions distinguish direct and portfolio investment, prescribe control thresholds, and preserve investment classification after later changes.
Overseas Direct Investment includes unlisted equity acquisition, memorandum subscription, significant investment in listed foreign entities, and investments conferring control. Its classification continues despite a subsequent reduction in holding or loss of control. Overseas Investment comprises financial commitment and Overseas Portfolio Investment. Financial commitment includes qualifying direct investment, specified debt and non-fund-based facilities. Overseas Portfolio Investment excludes unlisted debt instruments and specified domestic-issued securities, while listed-entity investment continues to be treated as portfolio investment after delisting until further investment.
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