Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2016 https://www.taxtmi.com/notifications?id=119593 Amendment replaces Paragraph F.8 to define Other Financial Services as activities regulated by a financial sector regulator and permits full foreign investment via the automatic route when regulated, subject to conditions. Activities not regulated or partially regulated require Government approval for foreign investment, with conditions including minimum capitalization. Statutory limits prescribed by specific Acts prevail, and downstream investments by entities in Other Financial Services are subject to sectoral regulations and the Foreign Exchange Management Regulations, 2000. en-us Fri, 09 Sep 2016 00:00:00 +0530 Wed, 14 Sep 2016 14:23:00 +0530 TaxTMI RSS Generator Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2016 https://www.taxtmi.com/notifications?id=119593 Amendment replaces Paragraph F.8 to define Other Financial Services as activities regulated by a financial sector regulator and permits full foreign investment via the automatic route when regulated, subject to conditions. Activities not regulated or partially regulated require Government approval for foreign investment, with conditions including minimum capitalization. Statutory limits prescribed by specific Acts prevail, and downstream investments by entities in Other Financial Services are subject to sectoral regulations and the Foreign Exchange Management Regulations, 2000. Notifications FEMA Fri, 09 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119593