翻訳と辞書 Words near each other ・ Foreign Exchange (2008 film) ・ Foreign Exchange (CNBC World) ・ Foreign Exchange (TV series) ・ Foreign Exchange (U.S. TV series) ・ Foreign exchange aggregator ・ Foreign exchange autotrading ・ Foreign exchange certificate ・ Foreign Exchange Committee ・ Foreign exchange company ・ Foreign exchange controls ・ Foreign exchange date conventions ・ Foreign Exchange Dealers Coalition ・ Foreign exchange derivative ・ Foreign exchange fraud ・ Foreign exchange hedge ・ Foreign Exchange Management Act ・ Foreign exchange market ・ Foreign exchange option ・ Foreign exchange regulation ・ Foreign Exchange Regulation Act ・ Foreign exchange reserves of China ・ Foreign exchange reserves of India ・ Foreign exchange risk ・ Foreign exchange service ・ Foreign exchange service (telecommunications) ・ Foreign exchange spot ・ Foreign Exchange Student ・ Foreign exchange swap ・ Foreign Extemporaneous Speaking ・ Foreign Extraterritorial Measures Act Dictionary Lists mini英和辞書 mini和英辞書 Webster 1913 Latin-English FOLDOC Wikipedia English ウィキペディア

翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Foreign Exchange Management Act ： ウィキペディア英語版 Foreign Exchange Management Act The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed in the winter session of Parliament in 1999, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India., replacing FERA, which had become incompatible with the pro-liberalisation policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organisation (WTO). It also paved the way for the introduction of the Prevention of Money Laundering Act 2002, which came into effect from 1 July 2005. Unlike other laws where ''everything is permitted unless specifically prohibited'', under this act ''everything was prohibited unless specifically permitted''. Hence the tenor and tone of the Act was very drastic. It required imprisonment even for minor offences. Under FERA ''a person was presumed guilty unless he proved himself innocent'', whereas under other laws ''a person is presumed innocent unless he is proven guilty''. FEMA is a regulatory mechanism that enables the Reserve Bank of India and the Central Government to pass regulations and rules relating to foreign exchange in tune with the Foreign Trade policy of India. ==Switch from FERA== FERA, in place since 1974, did not succeed in restricting activities such as the expansion of transnational corporations (TNCs). The concessions made to FERA in 1991-1993 showed that FERA was on the verge of becoming redundant. After the amendment of FERA in 1993, it was decided that the act would become the FEMA. This was done in order to relax the controls on foreign exchange in India, as a result of economic liberalization. FEMA served to make transactions for external trade (exports and imports) easier – transactions involving current account for external trade no longer required RBI’s permission. The deals in Foreign Exchange were to be ‘managed’ instead of ‘regulated’. The switch to FEMA shows the change on the part of the government in terms of foreign capital. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Foreign Exchange Management Act」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.