Foreign Exchange Control: India

Foreign Exchange Control: India#

Webinar in English

The webinar aims to clarify the – in itself positive – impact of the new Indian Foreign Exchange Controls in terms of cross-border activities. Can an Indian customer open a foreign account? Can he make investments on a foreign deposit and under what conditions?

The training is addressed to#

Institution#

☒ Banks
☒ Securities firms
☒ Asset managers
☒ Trustees
☒ Managers of collective assets
☒ Fund management companies
☒ Client advisors
☒ Other financial intermediaries

Function#

☒ Legal and Compliance
☒ Risk management
☐ Internal audit
☐ Central file
☐ Front
☒ Asset Management
☐ HR
☒ Marketing
☐ BoD
☐ Other

Content#

Assess the impact of the new Foreign Exchange Control framework of India#

• Foreign Exchange Management (Overseas Investment) Rules, 2022
• The Foreign Exchange Management (Overseas Investment) Regulations, 2022
• The Foreign Exchange Management (Overseas Investment) Directions, 2022

Explore the eligible instruments for financial commitment by Resident Individuals and Indian Entities in Foreign Entities #

• Overseas Direct Investments
• Overseas Portfolio Investments
• Investments other than through Equity Capital

Examine the regulations which remain in force, and which must be considered in parallel to the new framework#

• The Liberalised Remittance Scheme
• The Foreign Exchange Management Act

For more information on this course, contact us