GENERAL OBLIGATIONS AND RESPONSIBILITIES OF DESIGNATED DEPOSITORY PARTICIPANTS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF DESIGNATED DEPOSITORY PARTICIPANTS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Suspension or withdrawal of approval: designated depository participants may face sanction for non-compliance after a hearing. A designated depository participant's approval may be suspended or withdrawn where the participant fails to comply with approval conditions or contravenes ... Summary
Suspension or withdrawal of approval: designated depository participants may face sanction for non-compliance after a hearing.
A designated depository participant's approval may be suspended or withdrawn where the participant fails to comply with approval conditions or contravenes securities laws or related directions, with such action taken without prejudice to other securities law measures and only after providing a reasonable opportunity of being heard.
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