Impact of FATCA on investments by US persons

Posted by: Girija Gadre on Fri, Oct 17th, 2014

FATCA, a US legislation calls for reporting of offshore investments by US persons and places responsibility on foreign financial institutions to collect and report information. India, being a signatory, Indian Financial institutions must comply with FATCA rules. Investments and accounts of US based NRIs in India come under FATCA purview. Read more

Entry of QFIs Finally Enabled

Posted by: Girija Gadre on Sat, Jun 9th, 2012

The Government has been acting with mixed speed in implementing the decision to allow foreign retail investors (christened qualified foreign investors).  In the meanwhile, the rupee has depreciated steeply, global institutional capital flows have dried up and the investor interest in Indian capital markets has dwindled.  Will the SEBI Circular of June 7, 2012 make a difference? Read more