Fit and proper criteria for FII registration use intermediary standards to determine applicant eligibility under SEBI regulations. Regulation 6A directs that the Board may assess whether an applicant or foreign institutional investor is fit and proper by applying the criteria specified in Schedule II of the Intermediaries Regulations, 2008, thereby aligning FII registration suitability determinations with intermediary regulatory standards and superseding earlier fit-and-proper provisions.
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.
Fit and proper criteria for FII registration use intermediary standards to determine applicant eligibility under SEBI regulations.
Regulation 6A directs that the Board may assess whether an applicant or foreign institutional investor is fit and proper by applying the criteria specified in Schedule II of the Intermediaries Regulations, 2008, thereby aligning FII registration suitability determinations with intermediary regulatory standards and superseding earlier fit-and-proper provisions.
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