FPI registration fee rules require payment and collection by depository participants, with nonpayment triggering account blocking.
Schedule II establishes fee obligations for Foreign Portfolio Investors and designated depository participants: conversion fees for pre-2014 registrants with limited exemptions; category-based registration fee rules (Category I exemption, Category II/III payment obligations, special rules where FPIs share common ownership); DDPs' duty to collect fees triennially, remit monthly to the Board in prescribed format, and block accounts for nonpayment; DDP application and approval fee requirements; and an FPI-collected regulatory fee on offshore derivative instrument subscribers deposited with the Board.
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