Foreign portfolio investor definitions specify registration, intermediaries, control and eligibility standards for cross border investment.

Definitions frame the FPI regulatory framework: a foreign portfolio investor is a registrable intermediary receiving a certificate via a designated depository participant; key roles-designated depository participants, custodians, designated banks, and investment managers-are identified; eligibility requires being appropriately regulated in the home jurisdiction when acting in that capacity; control is broadly defined to include director appointment and rights from shareholding or agreements; offshore derivative instruments and certain person categories are specifically defined; undefined terms adopt meanings from the Act and relevant statutes.

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