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of <h1>SEBI Circular: FIIs Must Renew Registration 3 Months Before Expiry Using Form A; Applies to Sub-Accounts Too.</h1> The circular from SEBI outlines the procedure for renewing the registration of Foreign Institutional Investors (FIIs) and their sub-accounts. FIIs must apply for renewal three months before their registration expires, using Form A and providing additional information as per Annexure I, along with an audited annual report and proof of valid registration by a regulatory authority. Sub-account registrations must be renewed simultaneously with the FII. Failure to submit renewal applications on time may result in suspension or cancellation of registration, affecting investment activities and foreign exchange permissions. Custodians must inform their FII clients of these requirements.
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