Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014 Chapter V GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS
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Compliance officer appointment requires monitoring regulatory compliance and immediate independent reporting of any non-compliance. Every foreign portfolio investor must appoint a compliance officer responsible for monitoring compliance with applicable laws, rules, regulations, notifications, guidelines and instructions issued by the designated depository participant, the Board or the Central Government; where the investor is an individual, that individual performs this role. The compliance officer must immediately and independently report any observed non compliance to the Board and the designated depository participant.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compliance officer appointment requires monitoring regulatory compliance and immediate independent reporting of any non-compliance.
Every foreign portfolio investor must appoint a compliance officer responsible for monitoring compliance with applicable laws, rules, regulations, notifications, guidelines and instructions issued by the designated depository participant, the Board or the Central Government; where the investor is an individual, that individual performs this role. The compliance officer must immediately and independently report any observed non compliance to the Board and the designated depository participant.
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