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business

New Sebi rule on P-Notes not a deal breaker: Sandeep Parekh

Sandeep Parekh, a corporate lawyer, says there are 2 significant differences in the ODI circular. One, Sebi has tightened the definition of regulated entities. Second, P-notes cannot be issued to entities residing in a country not compliant with Anti Money Laundering and Combating Financial Terrorism regulations.

first published: Nov 25, 2014 04:29 pm

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