The ECB Framework After the 2026 Overhaul
What the law on foreign borrowing is today, what was deleted on 16.02.2026, which old ECBs stay on the old rules, and how to decide in the first hour whether a client's foreign money is an ECB at all.
- 4 pages
- 54
- Word and PDF
- 16 September 2026
The 2 formats inside
- 1File note, is this an ECB?Schedule I, FEM (B&L) Regulations 2018 · NDI Rules 2019On its own₹149
- 2Client advice letter, what the 2026 ECB overhaul means for your borrowingsFEMA 3(R)(5)/2026-RB · A.P. (DIR) 22 and 23On its own₹149
Read the opening
The first part of “File note, is this an ECB?”, as it downloads. Blanks are highlighted.
Internal file note — [Name of the firm] — not for issue to the client
CLASSIFICATION OF FOREIGN FUNDING — IS THE ARRANGEMENT AN EXTERNAL COMMERCIAL BORROWING?
Particulars | Details |
|---|---|
Client (borrower / issuer) and CIN / LLPIN | [____] |
Counterparty and country of residence | [____] |
Evidence of counterparty's residential status under FEMA | [certificate of incorporation / passport and visa / OCI card / overseas address proof] |
Relationship with the client (shareholding %, directorship, group) | [____] |
Amount and currency | [____] |
Documents examined, with dates | [term sheet dated __; draft agreement v__; instrument terms; side letters: ____ / none] |
Prepared by / date | [Name] / [DD.MM.YYYY] |
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