Foreign portfolio investor designation replaces FII terminology across securities regulations, updating references and aligning intermediary and disclosure rules. Amendments replace legacy foreign institutional investor and 'FIIs' terminology with foreign portfolio investor (with a Category III carve out where noted) across multiple SEBI regulations, inserting foreign portfolio investors into intermediary classifications, omitting a specified item from takeover regulation definitions, and updating central database and disclosure schedules to ensure consistent terminology and classification across capital markets, mutual fund, portfolio manager, certification, intermediary and market participant rules.
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Foreign portfolio investor designation replaces FII terminology across securities regulations, updating references and aligning intermediary and disclosure rules.
Amendments replace legacy foreign institutional investor and "FIIs" terminology with foreign portfolio investor (with a Category III carve out where noted) across multiple SEBI regulations, inserting foreign portfolio investors into intermediary classifications, omitting a specified item from takeover regulation definitions, and updating central database and disclosure schedules to ensure consistent terminology and classification across capital markets, mutual fund, portfolio manager, certification, intermediary and market participant rules.
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