https://www.taxtmi.com/acts?id=54110 Eligibility for authorisation as an authorised person requires incorporation as a company, inclusion of the relevant foreign exchange activity in the Memorandum of Association, category-specific qualifying status, prescribed positive net worth, and fit-and-proper criteria for the applicant and connected persons. The regulation also prescribes director and KMP experience requirements, an NOC mechanism where investigation by the Directorate of Enforcement exists, and an exemption for entities regulated by the Reserve Bank under other Acts. en-us Wed, 06 May 2026 17:25:40 +0530 Wed, 06 May 2026 17:50:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54110 Eligibility for authorisation as an authorised person requires incorporation as a company, inclusion of the relevant foreign exchange activity in the Memorandum of Association, category-specific qualifying status, prescribed positive net worth, and fit-and-proper criteria for the applicant and connected persons. The regulation also prescribes director and KMP experience requirements, an NOC mechanism where investigation by the Directorate of Enforcement exists, and an exemption for entities regulated by the Reserve Bank under other Acts. Act-Rules FEMA Wed, 06 May 2026 17:25:40 +0530 https://www.taxtmi.com/acts?id=54110