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<h1>Prior approval requirement for establishing liaison or branch offices by Hong Kong and Macau entities in India reiterated.</h1> Entities registered in or resident of Hong Kong and Macau must obtain prior Reserve Bank approval before establishing a liaison office, branch office, project office or any other place of business in India under Regulation 4; AD Category I banks should notify their constituents. The Regulations were amended in 2013 to incorporate this requirement and the directions are issued under the foreign exchange statute without prejudice to other legal permissions.