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    <title>Securities And Exchange Board Of India (Foreign Institutional Investors) (Second Amendment) Regulations, 2006.</title>
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    <description>Amendments broaden eligible foreign investor categories to include pension funds, mutual funds, investment trusts, insurance/reinsurance companies, international or multilateral organisations, foreign governmental agencies and foreign central banks, and clarify that asset managers, investment managers/advisors, nominee companies, banks and institutional portfolio managers may invest on behalf of broad-based and proprietary funds. The rules require sub-account registration using Form AA, joint undertakings between applicants and sponsoring FIIs as per Form AA, and replace Form A and Form AA with comprehensive application templates setting out identity, regulatory, custodian and bank details, fund particulars, disclosures, and undertakings.</description>
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