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
Foreign Portfolio Investor registration requires prescribed disclosures, investor categorisation and undertakings to comply with SEBI and RBI directives. Form A prescribes required applicant identification, investor categorisation, regulatory and disciplinary disclosures, details of designated depository ... Summary
Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Foreign Portfolio Investor registration requires prescribed disclosures, investor categorisation and undertakings to comply with SEBI and RBI directives.
Form A prescribes required applicant identification, investor categorisation, regulatory and disciplinary disclosures, details of designated depository participant, custodian and bank, prior Indian market association and compliance officer particulars; it requires declarations on authority to invest, legitimate source of funds, absence of disqualifying orders, prompt notification of changes and an undertaking to abide by SEBI, RBI or other directives. Form B is the certificate template recording the FPI category, registration number and that the certificate remains valid until suspended, cancelled or surrendered under the regulations.
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