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    <title>Guarantee regulations under Foreign Exchange Management Act (FEMA), 1999 – Draft for feedback</title>
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    <description>RBI proposes principle-based guarantee regulations under FEMA placing cross-border guarantees generally on the Automatic Route if the underlying transaction and transactions from invocation comply with FEMA, and expanding eligible guarantees while introducing Comprehensive Reporting for all guarantees issued and invoked; the draft is open for public consultation via Connect 2 Regulate or email.</description>
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