On 30 March 2021, IND SEBI issued additional guidelines to designated depository participants for processing FPI request to surrender registration and ensure uniformity. To make an application to SEBI for seeking no objection certificate for surrender, DDP shall confirm accounts have nil balance, no fees are due, no proceedings are pending. DDP shall ensure that…
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Australia – Gov’t Foreign Investment Reforms
On 9 December 2020, AST GVT passed legislation on foreign investment framework reform. Requires foreign investors to seek approval for all investments in sensitive national security land or businesses, including starting such a business, regardless of value. Subjects foreign investors to enhanced monitoring and investigation powers. As well as continue to bear the costs of…
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Serbia – SEC Foreign Investors, Securities
On 11 February 2020, SER SEC cited law changes on foreign investor access. Amendments to capital market law, coming into effect 12 February 2020, summarized with increased availability of government securities to foreign investors expected impact. Access to Foreign Investors Foreign investors able to buy government securities issued by the Republic of Serbia. Foreign investors…
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