Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017 - 383/2017-RB - Foreign Exchange Management
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Foreign investment in securities market infrastructure now allowed under automatic route, subject to SEBI and RBI guidelines. Amendment to Schedule 1 substitutes Paragraph F.4 to designate Infrastructure Company in the Securities Market-including stock exchanges, commodity derivative exchanges, depositories and clearing corporations-as eligible for foreign investment under the automatic route subject to SEBI Regulations and Guidelines/Regulations issued by the Central Government, SEBI and the Reserve Bank; terms not defined in these regulations adopt meanings from relevant statutes and SEBI regulations. The amendment deletes the former Paragraph F.6 and renumbers subsequent paragraphs, effective on publication in the Official Gazette.
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.
Foreign investment in securities market infrastructure now allowed under automatic route, subject to SEBI and RBI guidelines.
Amendment to Schedule 1 substitutes Paragraph F.4 to designate Infrastructure Company in the Securities Market-including stock exchanges, commodity derivative exchanges, depositories and clearing corporations-as eligible for foreign investment under the automatic route subject to SEBI Regulations and Guidelines/Regulations issued by the Central Government, SEBI and the Reserve Bank; terms not defined in these regulations adopt meanings from relevant statutes and SEBI regulations. The amendment deletes the former Paragraph F.6 and renumbers subsequent paragraphs, effective on publication in the Official Gazette.
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