Foreign portfolio investor registration required before dealing in securities, with transitional permissions for existing FIIs and QFIs. No person may deal in securities as a foreign portfolio investor without a certificate issued by the designated depository participant; existing ... Summary
Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Foreign portfolio investor registration required before dealing in securities, with transitional permissions for existing FIIs and QFIs.
No person may deal in securities as a foreign portfolio investor without a certificate issued by the designated depository participant; existing FIIs/sub-accounts and qualified foreign investors are permitted temporary continuation subject to specified conversion fees and time-limited transitional periods. Applications for the FPI certificate must be submitted in Form A to the designated depository participant with the prescribed fee.
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