The Enforcement Directorate clarified Fema’s role as civil legislation for voluntary compliance. Reserve Bank of India is the competent authority for compounding eligible contraventions. The ED issues a no-objection certificate to the central bank for compounding offenses. RBI recently closed a Fema case against Apothecon Pharmaceuticals after a penalty. This action follows master directions prescribing a compounding matrix for determining amounts.<\/p>","protected":false},"excerpt":{"rendered":"
The Enforcement Directorate clarified Fema’s role as civil legislation for voluntary compliance. Reserve Bank of India is the competent authority for compounding eligible contraventions. The ED issues a no-objection certificate to the central bank for compounding offenses. RBI recently closed a Fema case against Apothecon Pharmaceuticals after a penalty. This action follows master directions prescribing… Read More »Fema a civil law, RBI alone can compound offences, says ED<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":121911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/121910"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=121910"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/121910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/121911"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=121910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=121910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=121910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}