https://www.taxtmi.com/circulars?id=58199 An FII or sub account that must ring fence assets and liabilities by home law is not treated as having an opaque structure if it is regulated in its home jurisdiction, each fund or sub fund is broad based, and the applicant undertakes to provide beneficial owner information when requested by the regulatory authority. en-us Thu, 19 Dec 2013 00:00:00 +0530 Wed, 12 Dec 2018 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58199 An FII or sub account that must ring fence assets and liabilities by home law is not treated as having an opaque structure if it is regulated in its home jurisdiction, each fund or sub fund is broad based, and the applicant undertakes to provide beneficial owner information when requested by the regulatory authority. Circulars SEBI Thu, 19 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58199