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of <h1>SEBI Simplifies FPI Registration: New Abridged Form for Certain Categories, Effective in Three Months.</h1> The Securities and Exchange Board of India (SEBI) has issued a circular to simplify the registration process for Foreign Portfolio Investors (FPIs). Applicants in specific categories, such as funds or sub-funds already registered as FPIs, can now use an abridged version of the Common Application Form (CAF). This version requires only unique information, with other fields auto-populated or disabled. Applicants must consent to the use of existing information and confirm unchanged details. Designated Depository Participants (DDPs) will update and maintain complete records. The changes take effect three months from the circular date, enhancing efficiency and reducing redundancy.
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