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Permissible external exposure limit increased relative to net worth; retrospective effect clarified, no adverse impact on persons. Amendment raises the permissible exposure ceiling for transfers or issues of foreign securities by substituting a higher cap tied to an entity's net worth in the operative provision and its explanatory text, expanding permitted foreign security exposure; the change is issued by the central banking authority with retrospective commencement and a clarification that no person will be adversely affected.
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Provisions expressly mentioned in the judgment/order text.
Permissible external exposure limit increased relative to net worth; retrospective effect clarified, no adverse impact on persons.
Amendment raises the permissible exposure ceiling for transfers or issues of foreign securities by substituting a higher cap tied to an entity's net worth in the operative provision and its explanatory text, expanding permitted foreign security exposure; the change is issued by the central banking authority with retrospective commencement and a clarification that no person will be adversely affected.
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