Registration/Renewal of Foreign Institutional Investors and Sub Accounts
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FII registration: SEBI mandates prescribed fee payment with applications; authorised dealers may open accounts for SEBI registered FIIs.
SEBI requires prospective FII applicants and renewing FIIs/sub accounts to submit the fees prescribed by the SEBI (Foreign Institutional Investor) Regulations, 1995 with their applications; authorised dealers, per RBI general permission, may open bank accounts for entities already registered with SEBI, and custodians must inform their FII clients of these requirements.