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<h1>RBI's 12th Amendment Updates Foreign Exchange Management Regulations: Changes to Schedule 5 and Securitised Debt Instruments.</h1> The Reserve Bank of India issued the Twelfth Amendment to the Foreign Exchange Management Regulations concerning the transfer or issuance of securities by persons residing outside India. Effective upon publication in the Official Gazette, the amendment modifies Schedule 5 of the 2000 regulations by removing the term 'listed' from clauses and deleting certain clauses. It introduces securitised debt instruments, including certificates or instruments issued by special purpose vehicles for asset securitisation with banks, financial institutions, or non-banking financial companies, and those listed under SEBI regulations on public offers and listing of securitised debt instruments.