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<h1>RBI Amends Foreign Exchange Regulations: New Rules for Foreign Investors in Derivatives and Securities Trading.</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management Regulations concerning the transfer or issue of security by persons resident outside India. Effective from February 26, 2019, these amendments modify the 2017 regulations. The changes include the deletion of a note in clause 5 of Paragraph 5 and the addition of clauses allowing Foreign Portfolio Investors, Non-Resident Indians, and Overseas Citizens of India to trade or invest in exchange-traded derivative contracts, subject to limits set by the Securities and Exchange Board of India. Additionally, Foreign Portfolio Investors may engage in interest rate derivative contracts under conditions specified by the Reserve Bank.