Overseas investment compliance: regulated financial entities must meet Regulation 7 conditions and obtain commodity trading clearance. Regulated Indian financial sector entities investing overseas in any activity must comply with the additional conditions in Regulation 7 of the relevant FEMA Transfer or Issue of Foreign Security Regulations; overseas trading in commodities exchanges and related JV/WOS arrangements are treated as financial services activity requiring Forward Markets Commission clearance, while unregulated domestic financial entities may invest abroad in non financial activities subject to Regulation 6.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Overseas investment compliance: regulated financial entities must meet Regulation 7 conditions and obtain commodity trading clearance.
Regulated Indian financial sector entities investing overseas in any activity must comply with the additional conditions in Regulation 7 of the relevant FEMA Transfer or Issue of Foreign Security Regulations; overseas trading in commodities exchanges and related JV/WOS arrangements are treated as financial services activity requiring Forward Markets Commission clearance, while unregulated domestic financial entities may invest abroad in non financial activities subject to Regulation 6.
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