Permanent registration for foreign institutional investors remains subject to compliance, filing obligations and conditional surrender.

Registration granted to a foreign institutional investor or sub-account is permanent subject to compliance with the Act, these regulations, circulars and payment of prescribed fees; earlier registrations before the 2008 amendment are deemed permanent unless suspended or cancelled. A holder of such a certificate must file information in Form A or Form AA at least three months before expiry or within three months of commencement. A holder may surrender the certificate, and the Board may impose conditions when accepting a surrender.

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