GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
Foreign portfolio investor registration requires a designated depository participant certificate before dealing in securities. A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated ... Summary
Foreign portfolio investor registration requires a designated depository participant certificate before dealing in securities.
A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board. An offshore fund floated by an asset management company with a no-objection certificate must obtain registration as a foreign portfolio investor within one hundred and eighty days. The application must be made to a designated depository participant in the prescribed form and manner and supported by specified documents.
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