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<h1>SEBI Requires Monthly Reporting of FPI Registration Processing Times by DDPs for Enhanced Transparency.</h1> The Securities and Exchange Board of India (SEBI) issued a circular mandating that Designated Depository Participants (DDPs) must report the average processing time for Foreign Portfolio Investor (FPI) registration applications. This information is to be published monthly on SEBI's website to enhance transparency. DDPs are required to submit details of the number of FPI applications received, the average processing time, and any pending applications exceeding 30 days, along with reasons, by the fifth working day of each month. This directive is effective immediately, under SEBI's regulatory authority.