GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
Regulation 24 - Engagement of designated depository participant
Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 Chapter V GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS
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Designated depository participant requirement mandates that foreign portfolio investor register through and maintain the same entity as custodian. An applicant seeking registration as a foreign portfolio investor must engage a designated depository participant to obtain a certificate of registration ... Summary
Designated depository participant requirement mandates that foreign portfolio investor register through and maintain the same entity as custodian.
An applicant seeking registration as a foreign portfolio investor must engage a designated depository participant to obtain a certificate of registration and the designated depository participant and the custodian of the foreign portfolio investor must at all times be the same entity.
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