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of <h1>SEBI Simplifies FII Registration: Revised Form B and UIN Deadline Extended to March 31, 2005.</h1> The circular from the Securities and Exchange Board of India (SEBI) addresses the registration of Foreign Institutional Investors (FIIs) and their sub-accounts under the Central Database of Market Participants (MAPIN database). SEBI mandates these entities to obtain a Unique Identification Number (UIN) by March 31, 2005. Due to difficulties faced in the registration process, SEBI has revised Form B to simplify the procedure. Key clarifications include documentation requirements, changes in custodianship, and specific form fields that need not be filled. This circular aims to protect investor interests and streamline the registration process under SEBI regulations.
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