RBI Introduces New Conditions for Resident Participation under the Foreign Exchange Management (Guarantees) Regulations, 2026
The Reserve Bank of India (“RBI”) has notified the Foreign Exchange Management (Guarantees) Regulations, 2026 (“Guarantees Regulations 2026”), replacing the Foreign Exchange Management (Guarantees) Regulations, 2000 (“Guarantees Regulations 2000”). Issued under the Foreign Exchange Management Act, 1999 (“FEMA”), the new regulations aim to comprehensively govern cross-border guarantees involving persons resident in India and persons resident outside India. The framework signifies […]
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