Event Date

INDIA - 24/05/2021 - 29/05/2021

Event Description

Digital Training On FEMA- Legal & Compliance

To promote the systematized development and maintenance of a healthy foreign exchange market in India along with other various objectives, Foreign Exchange Management Act, 1999 (FEMA) was enacted by the parliament. Since its introduction, a lot of relaxations have been introduced by Reserve Bank for smooth facilitation of trade operations. Recently in order to survive these unprecedented times, Government has reviewed the extant FDI policy in order to curb the opportunistic takeovers/acquisitions of Indian companies due to the current pandemic. It is always imperative to understand the magnitude and complexity of FEMA well before playing in Indian Financial markets.
 
Thus, Achromic Point brings this highly Interactive Digital Training on FEMA- Legal & Compliance discussing the Foreign Direct Investments along with Export and import of Goods and Services,External Commercial Borrowings (ECB), Investigations by Enforcement and much more. It will help the participants in setting up comprehensive policy to meticulously follow the law and be equipped with the tricks to fight financial crimes and protect your organization.
 
Who Should Attend: -

·         Procurement Personnel
·         Finance personnel
·         Head/Managers of Trade finance
·         Company Secretaries
·         General Counsel/Legal Counsel
·         Head/Managers of Regulatory Compliance
 
Thought Leaders:
 
·         Arti Narsana
Principal Associate
Vaish Associates Advocates

·         Monisha Jain
Chartered Accountant

·         Manish Tyagi
Partner
MHA Legal

·         Shashishekhar Chaugule
Partner, Tax & Regulatory services
Desai Haribhakti & Co

·         Anup Vijay Kulkarni
Principal Associate
J. Sagar Associates
 

Event Agenda

Agenda:

24th May, 2021
11:00 AM – 12:30 PM
Session 1: Foreign Direct Investments 
  • Issue / Transfer of Securities
  • Pricing
  • Indemnity
  • Convertible securities
  • Right issue / Bonus issue / ESOP
  • Downstream investments – retail, pharma, financial services etc.
25th May, 2021
11:00 AM – 12:30 PM
Session 2:
Overseas Direct Investments by a person resident in India 
  • Automatic vs. Approval route
  • Investment / financial commitment limits
  • Issue of guarantee to overseas subsidiary / Wos
  • Multiple investment companies outside India
  • Post investment changes
  • Disinvestment conditions and issues
  • Overseas Direct Investment by Resident Individuals
  • Compliance procedure and Process
27th May, 2021
11:00 AM – 12:30 PM
Session 3: External Commercial Borrowings (ECB)
  • Revised Regime – 2019
  • Routes of availing FCY ECB and INR ECB
  • Eligible Borrowers and Lenders, Maturity period, End use restrictions
  • ECB Liability/ Equity Ratio
  • Guarantees/Security, Repayment and Refinancing
  • Procedure and Compliance
  • Trade Credits and Structured Obligation
  • Other Instruments that require Compliance with ECB norms
28th May, 2021
11:00 AM – 12:30 PM
Session 4: Investigations by Enforcement Directorate / Compounding by RBI 
  • Powers of ED / RBI
  • Foreign Currency Account by a person resident in India
  • Investigation notices and Compliances
  • How to handle investigations
  • Procedure and Process
  • Compounding fee / penalty that can be imposed
29th May, 2021
11:00 AM – 12:30 PM
Session 5: 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

Date

24/05/2021 - 29/05/2021

Time

Opening Day Time: 11:00 am - 12:30 pm
Closing Day Time: 11:00 am - 12:30 pm

Venue

Webinar

Brochure

Download Link : FEMA_V8.pdf

Registration Fees

INR 8,000.00

Event Calender

June 2021 July 2021 August 2021