Worldwide: Fund Management/ REITs

Within weeks of the Securities and Exchange Board of India ("SEBI") introducing its Framework for Environment, Social, and Governance ("ESG") Debt Securities (excluding green debt securities) ("ESG Framework")...

‘The June 2025 edition of Fox & Mandal's newsletter examines SEBI's proposed changes to the regulatory framework for FPIs investing in sovereign bonds; lifting of restrictions on FPIs in the corporate debt market; necessity of establishing time value of money under IBC; priority of RERA obligations over conflicting mortgage arrangements; enhanced EPR compliance for plastic reuse and recycling; and other changes in India's corporate, capital markets, real estate, insolvency, and banking sectors.'

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. We shall now be hosting our weekly updates at Spotify!

On January 24, 2024, the Ministry of Finance ("MoF") in exercise of the powers conferred under Section 46(2)(aa) and Section 46(2)(ab) of the Foreign Exchange Management Act...

As a significant step towards permitting Indian companies to list their equity shares on foreign exchanges, the Finance Minister, in July 2023, announced the Government's decision...

The International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City City is India's first international financial centre.

An ECB refers to commercial loans [in the form of bank loans, buyers’ credit, suppliers’ credit, securitised instruments (e.g. floating rate notes and fixed rate bonds)] availed from non-resident lenders with minimum average maturity of 3 years.

As provided in Rule 5 of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, prior approval of the Reserve Bank of India (RBI) is required for drawing foreign exchange for remittance for purchase of a trademark or franchise in India

The Reserve Bank of India ("RBI") has vide its recent notification dated 4^th November 2006 liberalized the External Commercial Borrowing (ECB) guidelines enabling corporates to now raise ECB for an additional USD 250 million

On October 18, 2007, the MIDC issued a show-cause notice to BI stating therein that various violations of the terms of the Deed had been noticed. Meanwhile, the DRT issued an order of proclamation for the sale of the Plot on October 29, 2007...

On May 08, 2025, the Reserve Bank of India (RBI) issued "The Reserve Bank of India (Digital Lending) Directions, 2025" (the Directions) to reduce consumer risk, enhance regulatory oversight, and ensure more responsible lending behaviour across the rapidly growing digital credit ecosystem in India.

Welcome to the SARFAESI Newsletter for May 2025. This edition highlights significant recent legal developments under the Securitisation and Reconstruction of Financial Asset...