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Qualified Foreign Investor direct equity access subject to single demat account, DP compliance and strict investment limit monitoring. The circular authorises Qualified Foreign Investors to invest directly in listed and public issue equity in India subject to KYC, FATF and IOSCO MMOU compliance; investments must be held in a single demat account with a SEBI approved Qualified Depository Participant that meets capital, clearing, banking and AML/PML standards, maintains segregated single rupee pool accounts, ensures use of one designated overseas bank account for inward and outward flows, enforces one account per QFI and prohibits opaque structures and offshore derivative instruments; DPs must report daily to depositories, with depositories monitoring and publicly disseminating ISIN wise QFI holdings and enforcing individual and aggregate investment limits.
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Provisions expressly mentioned in the judgment/order text.
Qualified Foreign Investor direct equity access subject to single demat account, DP compliance and strict investment limit monitoring.
The circular authorises Qualified Foreign Investors to invest directly in listed and public issue equity in India subject to KYC, FATF and IOSCO MMOU compliance; investments must be held in a single demat account with a SEBI approved Qualified Depository Participant that meets capital, clearing, banking and AML/PML standards, maintains segregated single rupee pool accounts, ensures use of one designated overseas bank account for inward and outward flows, enforces one account per QFI and prohibits opaque structures and offshore derivative instruments; DPs must report daily to depositories, with depositories monitoring and publicly disseminating ISIN wise QFI holdings and enforcing individual and aggregate investment limits.
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