https://www.taxtmi.com/circulars?id=2178 Regulated Indian financial sector entities investing overseas in any activity must comply with the additional conditions in Regulation 7 of the relevant FEMA Transfer or Issue of Foreign Security Regulations; overseas trading in commodities exchanges and related JV/WOS arrangements are treated as financial services activity requiring Forward Markets Commission clearance, while unregulated domestic financial entities may invest abroad in non financial activities subject to Regulation 6. en-us Wed, 06 Sep 2006 00:00:00 +0530 Fri, 03 Oct 2008 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2178 Regulated Indian financial sector entities investing overseas in any activity must comply with the additional conditions in Regulation 7 of the relevant FEMA Transfer or Issue of Foreign Security Regulations; overseas trading in commodities exchanges and related JV/WOS arrangements are treated as financial services activity requiring Forward Markets Commission clearance, while unregulated domestic financial entities may invest abroad in non financial activities subject to Regulation 6. Circulars FEMA Wed, 06 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2178