Achromic Point would like to invite you for our "Annual FEMA Summit 2019" along with MHA Legal” as our Knowledge Partner and "LAWyersclubindia" as our Online Media Partner in Delhi.
Foreign Exchange Management Act, 1999 (FEMA) is the gateway legislation of India for Inbound and Outbound Investments. The magnitude and complexity of the FEMA needs to be understood well before playing in Indian financial markets.
From the time FEMA was introduced, till today lot of relaxations have been introduced by Reserve Bank for smooth facilitation of trade operations and this one day event will provide an exclusive forum for participants to understand the FEMA Regulations, FDI Policy, and will help the delegates in setting up comprehensive policy to meticulously follow the law and they will be equipped with the tricks to fight financial crimes and protect your organization.
Program Outline:-
Opening Remarks
- Changing regulatory landscape
- Liberalization or additional compliance
- Road ahead
Session - 1
Foreign Direct Investments
- Introduction and FEMA structure
- Changes witnessed in the past one year
- Issue / Transfer of Securities
- Right issue / Bonus issue / ESOP
- Downstream investments – procedure and challenges
- Challenges for the regulated and unregulated sector – retail, pharma, defense, financial services etc.
- Press note Vs. FEMA
- Case studies
Session - 2
Export and import of Goods and Services
- Export and Import compliances, settlement, advances and interest payments
- Export on re-import basis and import on reimport basis
- Third Party payments / receipts
- Factoring of import / export bills
- Merchanting trade
- Write off / netting off
- EDF Waiver
- IPDMS & EPDMS – challenges / options
- Case studies
Session - 3
External Commercial Borrowings
- New Regime – 2019
- Routes of availing ECBs and RDB’s
- Eligible Borrowers and Lenders, End use
- ECB Liability/ Equity Ratio
- Guarantees/Security
- Repayment and Refinancing
- Procedure and Compliance
- Structured Obligation
- Other Instruments that require Compliance with ECB norms
Session – 4
Foreign Currency Account by a person resident in India
- Eligibility
- Restrictions
- Status of Overseas Branch/ Representative / Liaison Office
- Challenges and options
Session – 5
Investigations by Enforcement Directorate / Compounding by RBI
- Powers of ED / RBI
- Investigation notices and Compliances
- How to handle investigations
- Procedure and Process
- Compounding fee / penalty that can be imposed
Speakers:
- Manish Tyagi, Partner, MHA Legal
- Naveen Aggarwal, Partner- Chief Operating Officer, Tax, KPMG
- S Manoj, Associate Director, BSR Affiliates & co
- Sunil Kumar, Director- Regulatory, EY
- *More Experts to join in from the Industry.
Time: 9:30 am - 5:30 pm
Brochure: Download Link: FEMA brochure_V17.pdf
Registration Fees
INR 8,500.00
