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of <h1>SEBI Introduces Common Application Form for Foreign Portfolio Investors to Streamline Registration, PAN Allotment, and KYC Process.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) outlines the introduction of a Common Application Form (CAF) for Foreign Portfolio Investors (FPIs). This form facilitates the registration of FPIs with SEBI, the allotment of a Permanent Account Number (PAN), and the Know Your Customer (KYC) process for opening bank and Demat accounts. Applicants must complete the CAF and annexure, providing necessary documents and fees. Designated Depository Participants (DDPs) can accept existing applications for 60 days post-circular issuance. This measure aims to protect investor interests and regulate the securities market.
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