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of <h1>Foreign portfolio investors must appoint a compliance officer to ensure adherence to SEBI rules and report non-compliance issues.</h1> Every foreign portfolio investor is required to appoint a compliance officer responsible for ensuring adherence to the relevant Act, rules, regulations, notifications, guidelines, and instructions issued by the designated depository participant, the Securities and Exchange Board of India (SEBI), or the Central Government. If the foreign portfolio investor is an individual, they must personally oversee compliance. The compliance officer must promptly and independently report any instances of non-compliance to both SEBI and the designated depository participant.
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