Foreign exchange regulation: amended rules on transfer or issue of foreign securities made effective retrospectively, preserving no adverse effects. Reserve Bank of India notification adopts the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Third Amendment) Regulations, 2005, issued under FEMA authority, superseding the earlier notification and declaring the regulations to be deemed in force from a prior operative date while clarifying that no person will be adversely affected by retrospective commencement.