Foreign investment limits in commodity exchanges set with composite ceiling; FDI requires government approval and FII limited to secondary markets. Foreign investment in commodity exchanges is permitted subject to a composite foreign investment ceiling and differentiated limits for direct and portfolio investment; FDI requires specific government approval, FIIs may purchase equity only in secondary markets, and all foreign investment must comply with Forward Market Commission regulations, with amendments to the Foreign Exchange Management Regulations to follow.
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.
Foreign investment limits in commodity exchanges set with composite ceiling; FDI requires government approval and FII limited to secondary markets.
Foreign investment in commodity exchanges is permitted subject to a composite foreign investment ceiling and differentiated limits for direct and portfolio investment; FDI requires specific government approval, FIIs may purchase equity only in secondary markets, and all foreign investment must comply with Forward Market Commission regulations, with amendments to the Foreign Exchange Management Regulations to follow.
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