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<h1>SEBI Amends Foreign Portfolio Investors Regulations: New Rules on Registration, Compliance, and Late Fees Introduced.</h1> The Securities and Exchange Board of India (SEBI) has issued amendments to the Foreign Portfolio Investors Regulations, 2019, effective upon publication in the Official Gazette. The amendments allow foreign portfolio investors with invalid registration certificates to sell securities or close derivative positions within 360 days. New sub-regulations require payment of registration fees every three years, with provisions for late fees. Failure to comply results in a 360-day period to divest holdings. The amendments also revise timelines for regulatory compliance and introduce late fees for delayed payments. These changes aim to streamline processes and ensure compliance with SEBI's regulatory framework.