GENERAL OBLIGATIONS AND RESPONSIBILITIES OF DESIGNATED DEPOSITORY PARTICIPANTS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF DESIGNATED DEPOSITORY PARTICIPANTS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
Foreign portfolio investor categories determine registration eligibility and place responsibility on regulated investment managers where applicable. Foreign portfolio investor registration is divided into two categories. Category I includes government and government related investors, pension and ... Summary
Foreign portfolio investor categories determine registration eligibility and place responsibility on regulated investment managers where applicable.
Foreign portfolio investor registration is divided into two categories. Category I includes government and government related investors, pension and university funds, appropriately regulated financial entities, and entities connected to jurisdictions meeting international standards; unregulated funds may qualify only if their investment manager is appropriately regulated and accepts responsibility for the fund's acts or omissions. Category II comprises all other investors not eligible for Category I, such as other regulated funds, endowments, charities, corporate bodies, family offices, individuals, and unregulated limited partnerships and trusts, with IFSC applicants deemed appropriately regulated.
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