What are the reporting requirements for FCCB/DR Issues?
Abhishek
Answered on February 14,2020
Answered on February 14,2020
The domestic custodian shall report the issue/transfer of sponsored/unsponsored depository receipts as per DR Scheme 2014 in ‘Form DRR’ within 30 days of close of the issue/ program.
Please refer to subsection 2.5 of Annexure 6 of Consolidated FDI Policy at link for more information.