SEBI NORM ON FPIS
SEBI tightens disclosure norms for offshore funds; mandates addl disclosures for FPIs
India's markets regulator said on Wednesday it had strengthened disclosure requirements for a set of "high-risk" offshore funds investing in local markets to guard against possible circumvention of regulations on mandatory public share holding. The move, which is a...
SEBI issues revised KYC norms for FPIs
Providing relief to foreign portfolio investors, SEBI Friday came out with revised Know Your Client (KYC) norms as well as eligibility conditions for such entities. Certain categories of FPIs would be required to maintain a list of beneficial owners and provide the same to the regulator. "Category II and III FP...
Sebi approves new KYC norms for FPIs, allows foreign investment in commodities
Markets regulator Sebi Tuesday approved a slew of proposals, including revised framework for settlement of cases and new KYC norms for foreign portfolio investors. The proposals were cleared by the board of Sebi at its meeting here. Sebi Chairman Ajay Tyagi said the board...
