December 27, 2023 8:51 AM
RBI releases a draft- ‘Licensing Framework for Authorised Persons’ under FEMA
The Reserve Bank of India (RBI) has released a draft- 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. According to RBI release, the focus of the draft norms is on rationalising the authorisation...