SEBI’s proposed data sharing policy aims to decentralise data sharing by empowering Market Infrastructure Institutions to manage their own data frameworks. It introduces a ‘two-basket’ approach ...
Published On: 01/01/2018
Practice Area: Government & Regulatory
Authors:
Anantha Krishnan Iyer
Akhoury Winnie Shekhar
In an attempt to simplify, consolidate and clarify the regulations relating to foreign direct investment ('FDI') in Indian entities by foreign investors, the Reserve Bank of India (the 'RBI') notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (the 'New Regulations') replacing the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 (the 'Former Regulations').
