Fugitive economic offender designation triggers regulatory recognition in securities listing rules when declared under the Fugitive Economic Offenders Act. Definition of fugitive economic offender: under regulation 2(h), the term includes any individual declared a fugitive economic offender under section 12 ... Summary
Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015
Fugitive economic offender designation triggers regulatory recognition in securities listing rules when declared under the Fugitive Economic Offenders Act.
Definition of fugitive economic offender: under regulation 2(h), the term includes any individual declared a fugitive economic offender under section 12 of the Fugitive Economic Offenders Act, 2018, thereby aligning the securities listing regime for municipal debt securities with the statutory designation.
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