GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORSSecurities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORSSecurities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
Foreign portfolio investor registration requires a designated depository participant certificate before dealing in securities. A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated ... Summary
Foreign portfolio investor registration requires a designated depository participant certificate before dealing in securities.
A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board. An offshore fund floated by an asset management company with a no-objection certificate must obtain registration as a foreign portfolio investor within one hundred and eighty days. The application must be made to a designated depository participant in the prescribed form and manner and supported by specified documents.
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