Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2016 - 374/2016-RB - Foreign Exchange Management
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Securitised debt instruments inclusion under FEMA clarifies foreign investment eligibility and issuance conditions for non-residents. The Amendment to Schedule 5 of the FEMA transfer/issue regulations deletes the word 'listed' from certain clauses, removes clauses (g) and (j) in paragraphs 1 and 1C, and adds clause (n) to include securitised debt instruments, defined to cover SPV-issued certificates for asset securitisation with banks, FIs or NBFCs as originators and certificates issued and listed under SEBI Regulations on Public Offer and Listing of Securitised Debt Instruments, 2008.
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.
Securitised debt instruments inclusion under FEMA clarifies foreign investment eligibility and issuance conditions for non-residents.
The Amendment to Schedule 5 of the FEMA transfer/issue regulations deletes the word "listed" from certain clauses, removes clauses (g) and (j) in paragraphs 1 and 1C, and adds clause (n) to include securitised debt instruments, defined to cover SPV-issued certificates for asset securitisation with banks, FIs or NBFCs as originators and certificates issued and listed under SEBI Regulations on Public Offer and Listing of Securitised Debt Instruments, 2008.
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