Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The regulator amends the foreign portfolio investor regulations,...
Regulator exempts government-securities-only foreign portfolio investors from specified requirements in Regulation 4 and Regulation 22, subject to conditions
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The regulator amends the foreign portfolio investor regulations, effective 180 days after Gazette publication, to exempt investors who invest solely in government securities-subject to conditions to be prescribed-from specified requirements in regulation 4 (certain sub-clauses and a minor textual insertion) and multiple provisions of regulation 22 (including clauses in sub-regulation (1), exclusions in sub-regulation (3), and a proviso in sub-regulation (5)). The amendments grant conditional relief from compliance obligations for government-securities-only FPIs while preserving the regulator's authority to specify applicable conditions.
The regulator amends the foreign portfolio investor regulations, effective 180 days after Gazette publication, to exempt investors who invest solely in government securities-subject to conditions to be prescribed-from specified requirements in regulation 4 (certain sub-clauses and a minor textual insertion) and multiple provisions of regulation 22 (including clauses in sub-regulation (1), exclusions in sub-regulation (3), and a proviso in sub-regulation (5)). The amendments grant conditional relief from compliance obligations for government-securities-only FPIs while preserving the regulator's authority to specify applicable conditions.
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