Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2019

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..... the 26th February, 2019 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Amendment) Regulations, 2019 G.S.R. 164(E).- In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of .....

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..... shall be deleted. b. In the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 after the clause (5) of Para No. 5 the following clause shall be inserted: - (5)(a) A Foreign Portfolio Investor or a Non-Resident Indian (NRI) or an Overseas Citizen of India (OCI) may trade or invest in all exchange traded derivative contracts a .....

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