All posts tagged "Foreign Investment"
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552EnforcementIndia Proposes to Decriminalise Bounced Cheques
Currently in India, bounced cheques can carry a jail sentence of up to two years and a fine up to twice the value of the cheque, or both.
June 16, 2020 -
3.4KAsia-PacificRadical Steps Needed from Vietnam Banking Sector
Vietnam’s banking sector must take radical steps to adopt international capital rules, reporting requirements and trading practices, says Francois Denimal at FIS.
June 9, 2020 -
941Australia & NZAustralia to Further Tighten Foreign Investment Approval Process
Under the new regime, a new "last resort power" will allow the Treasurer to force divestment on national security grounds even after approval is granted.
June 8, 2020 -
2.4KAML / KYCIndia to Tighten KYC Rules for Hong Kong, China FPIs
Alongside stricter KYC procedures during FPI registration, India may set a 10% beneficial ownership cap on foreign investment from China including Hong Kong.
May 27, 2020 -
1.3KAsia-PacificMore Protectionist Regulatory Intervention on the Cards, Experts Warn
The raft of government measures designed to stave off corporate raiders is unlikely to abate soon, compliance practitioners say.
May 25, 2020 -
5.0KJapanJapan’s New Foreign Investment Rules Take Effect
While a series of exemptions for foreign financial institutions have been granted, the new requirements only allow 30 days for full implementation on 7 June.
May 10, 2020 -
628China
India’s New Foreign Investment Rules ‘Discriminatory’, says China
The additional barriers violate the WTO's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment, says the Chinese Embassy in India.
April 21, 2020 -
836AML / KYC
India Moves to Prevent ‘Opportunistic Takeovers’ by Chinese Investors
India has introduced a pre-approval requirement for all foreign investment from seven countries including China to curb "opportunistic takeovers or acquisitions" of Indian companies.
April 19, 2020 -
749AML / KYCSEBI Seeks Details on UBOs of Chinese, Hong Kong FPIs
Prompted by the PBOC raising its stake in HDFC to over 1%, SEBI is reportedly concerned that Indian companies may face takeover threats from Chinese investors.
April 16, 2020 -
840IndiaIndia Further Opens Bond Market to Non-resident Investors
The RBI has fully opened certain categories of government securities to non-resident investors and raised the FPI limit for investment in corporate bonds.
April 2, 2020
