TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Foreign Portfolio Investor Registration Rules Under SEBI Guidelines for Non-Resident Applicants and Banks</h1> A designated depository participant may register an applicant as a foreign portfolio investor if the applicant is not a resident Indian, non-resident Indian, or overseas citizen of India, with certain exceptions allowing these individuals to be constituents under specified contribution limits and control conditions. The applicant must be a resident of a country whose securities regulator is a signatory to specified international agreements or approved by the Government of India if government-related. Banks must be residents of countries whose central banks are members of the Bank for International Settlements, with exceptions for central banks. The applicant and its significant investors must not appear on United Nations sanctions lists or be from jurisdictions with strategic anti-money laundering deficiencies. The applicant must be fit and proper per SEBI criteria and comply with any additional conditions prescribed. Certain provisions do not apply to applicants incorporated in International Financial Services Centres.
TaxTMI 
