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<h1>SEBI Amends Foreign Institutional Investors Regulations, 1995: New Definitions, Exemptions, and Eligibility Criteria for Streamlined Investments.</h1> The Securities and Exchange Board of India (SEBI) has amended the Foreign Institutional Investors Regulations, 1995, effective upon publication in the Official Gazette. Key changes include defining 'domestic asset management company' and 'domestic portfolio manager,' allowing them to be registered as foreign institutional investors if they manage foreign funds in India. These entities are exempt from certain fees and have specific registration and renewal conditions. Additionally, the amendments address eligibility criteria for foreign corporates and individuals, investment limits, and require specific information and undertakings from sub-accounts that are foreign entities. The amendments aim to streamline and clarify the regulatory framework for foreign investments in India.