https://www.taxtmi.com/circulars?id=52741 The Reserve Bank consolidates prior FII/QFI regimes into a Foreign Portfolio Investment framework by recognising SEBI registered investors as Registered Foreign Portfolio Investors (RFPI), permitting RFPIs to trade equity, convertible debentures, exchange traded derivatives and to invest in government securities and corporate debt subject to RBI and SEBI limits; RFPIs may open Special Non Resident Rupee and foreign currency accounts for investment flows, use eligible securities as collateral on exchanges, and must report transactions to RBI in the existing LEC format, with transitional provisions for existing FIIs and QFIs. en-us Tue, 25 Mar 2014 00:00:00 +0530 Wed, 26 Mar 2014 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52741 The Reserve Bank consolidates prior FII/QFI regimes into a Foreign Portfolio Investment framework by recognising SEBI registered investors as Registered Foreign Portfolio Investors (RFPI), permitting RFPIs to trade equity, convertible debentures, exchange traded derivatives and to invest in government securities and corporate debt subject to RBI and SEBI limits; RFPIs may open Special Non Resident Rupee and foreign currency accounts for investment flows, use eligible securities as collateral on exchanges, and must report transactions to RBI in the existing LEC format, with transitional provisions for existing FIIs and QFIs. Circulars FEMA Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52741