GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Foreign portfolio investor eligibility: registration conditioned on residency, AML/CFT status, ownership limits and authorization to invest abroad. Eligibility for registration as a foreign portfolio investor requires non residence, regulatory recognition of the home jurisdiction, absence from FATF ... Summary
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Foreign portfolio investor eligibility: registration conditioned on residency, AML/CFT status, ownership limits and authorization to invest abroad.
Eligibility for registration as a foreign portfolio investor requires non residence, regulatory recognition of the home jurisdiction, absence from FATF identified high risk jurisdictions and UN sanctions lists, and specific restrictions on contributions and control by non resident Indians, overseas citizens of India and resident Indians with enumerated exceptions for certain offshore funds and regulated investment managers. Applicants must also be authorised to invest abroad, meet fit and proper standards, and comply with transitional timelines and remedial measures for breaches.
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