REGULATORY PROPOSALS

There has seen significant progress in critical institutional reforms including a) Foreign Direct Investment (FDI) policy,

b) Companies Act,
c) Securities laws, d) Financial market reforms

Foreign Direct Investment (FDI) policy,

1) 2) 3) 4) 5) 6) 7) Multi brand product retail trading Single brand product retail trading Civil aviation sector Investments permitted from Pakistan FVC investors and FI investor Qualified foreign investors External commercial borrowing

Companies Bill 2011

Replace 56 years old act Improve corporate governance and strengthen regulation for corporate Empower central government to make rules

Alternative Investment Fund

These regulations have replaced existing SEBI (Venture Capital Funds) Regulations, 1996. Family trusts, Employee benefit trust, ESOP trust are kept out of regulations. SEBI has classified AIF in broad categories. General investment condition.

RESERVE BANK OF INDIA

a) Eligible Promoters b) Fit and Proper criteria c) Foreign shareholding in the bank d) Corporate Governance

e) Others