Disclosure of pending investigations required when entities seek foreign currency borrowing, ensuring Authorized Dealers are informed of adjudications or appeals.
The amendment substitutes a proviso in Schedule I to require that an entity availing foreign currency borrowing must indicate to Authorized Dealers any pending investigations, adjudications or appeals by law enforcement agencies for alleged breaches of the regulations under the Act.

Rupee corporate bond access expanded: long term foreign investors and central banks allowed repatriable purchases within regulatory limits.
The Second Amendment, 2013 to the FEMA transfer/issue regulations amends Schedule 5 by removing references to lock-in periods from specified clauses, substituting language to subject dated Government Securities to terms, conditions and limits as stipulated by regulators, and adding a provision allowing long-term investors and foreign central banks to purchase rupee denominated corporate bonds on a repatriation basis within regulatory limits.

Foreign investment in Asset Reconstruction Companies limited under government route, caps on sponsor and FII holdings and SR investment.
Amendments limit non-resident investment in Asset Reconstruction Companies to the Government Route as FDI, define ARCs under SARFAESI registration, cap sponsor and individual FII shareholdings in ARCs, permit FIIs to invest in Security Receipts subject to an aggregate FII ceiling per tranche, and require compliance with SARFAESI conditions for individual investments above prescribed thresholds.

Non-resident Ordinary Rupee account rules updated to permit Bangladeshi individuals with valid visa and residential permit, with reporting.
Amendment to Schedule 3 of the Deposit Regulations revises the NRO Account scheme to allow authorised dealers/banks to open NRO accounts for individuals of Bangladesh nationality if the individual holds a valid visa and residential permit issued by the relevant FRO/FRRO, while entities of Bangladesh ownership require Reserve Bank approval. It also requires branch-to-head office reporting and quarterly submission by Head Offices to the Ministry of Home Affairs of name, passport number, issuing country/state, FRO/FRRO name, residential permit date and validity.