https://www.taxtmi.com/notifications?id=130842 The amendments define Depository Receipt as a foreign-currency instrument issued by a foreign depository in a permissible jurisdiction backed by eligible securities deposited with a domestic custodian, including global depository receipts, and modify rule 9 so that beneficial-owner verification for clients dealing in depository receipts or equity shares issued or listed in jurisdictions notified by the Central Government follows the norms of those jurisdictions, with sub-rules (3)-(9) not applying; listed entities and certain subsidiaries are exempted from shareholder or beneficial-owner identification and verification. en-us Wed, 18 Sep 2019 00:00:00 +0530 Thu, 19 Sep 2019 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130842 The amendments define Depository Receipt as a foreign-currency instrument issued by a foreign depository in a permissible jurisdiction backed by eligible securities deposited with a domestic custodian, including global depository receipts, and modify rule 9 so that beneficial-owner verification for clients dealing in depository receipts or equity shares issued or listed in jurisdictions notified by the Central Government follows the norms of those jurisdictions, with sub-rules (3)-(9) not applying; listed entities and certain subsidiaries are exempted from shareholder or beneficial-owner identification and verification. Notifications Money Laundering Wed, 18 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130842