Qualified Foreign Investor eligibility requires FATF/IOSCO membership and KYC compliance, with residency and SEBI registration exclusions. Defines Qualified Foreign Investor (QFI) eligibility: initially residence in an FATF-compliant jurisdiction and IOSCO MMoU signatory plus SEBI KYC compliance, excluding SEBI-registered FIIs/FVCIs. Subsequently, residence in a FATF member or group member and IOSCO MMoU signatory or party to a bilateral MoU with SEBI providing information sharing, while excluding residents of jurisdictions with FATF-identified AML/CFT deficiencies, residents of India, and SEBI-registered FIIs, FII sub-accounts, or FVCIs.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Qualified Foreign Investor eligibility requires FATF/IOSCO membership and KYC compliance, with residency and SEBI registration exclusions.
Defines Qualified Foreign Investor (QFI) eligibility: initially residence in an FATF-compliant jurisdiction and IOSCO MMoU signatory plus SEBI KYC compliance, excluding SEBI-registered FIIs/FVCIs. Subsequently, residence in a FATF member or group member and IOSCO MMoU signatory or party to a bilateral MoU with SEBI providing information sharing, while excluding residents of jurisdictions with FATF-identified AML/CFT deficiencies, residents of India, and SEBI-registered FIIs, FII sub-accounts, or FVCIs.
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