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HNIs face new dos & don'ts on foreign bets | Economic Times

HNIs face new dos & don'ts on foreign bets https://ift.tt/a38Jtbs now, a person (besides investing in listed stocks) could invest up to 10% in a foreign 'holding' or an unlisted investment company - often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.

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